FTC Carried Out on-Site Probe Into Coupang: Sources

연합뉴스-Yonhap News Agency

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(Sejong = Yonhap News) Reporter Kim Soo-hyun = It has been confirmed that the Fair Trade Commission has launched another on-site investigation against Coupang eight days after withdrawing empty-handed.

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It was reported on the 1st that the Fair Trade Commission (FTC) has launched an on-site investigation to examine whether Coupang abused its monopolistic position against its vendors. According to industry sources on that day, the FTC dispatched investigators to Coupang's headquarters in Gwangjin-gu, Seoul, to investigate allegations of violations of the Fair Trade Act. The Fair Trade Act prohibits acts of conducting transactions with a counterpa…

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Discussions on regulating online platform monopolies, which had stalled for a while, are expected to pick up speed again following Coupang's refusal to cooperate with the Fair Trade Commission's on-site investigation. Although there was a prevailing sentiment that platform regulation should be approached cautiously due to U.S. trade pressure, voices are growing louder, particularly within the ruling party, arguing that law enforcement against la…

asiae.co.kr

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A week after Coupang completely refused an on-site investigation, the Fair Trade Commission launched a re-investigation by deploying dozens of investigators from the Market Surveillance Bureau.