S. Korea Watchdog's Probe Into Coupang Stalls After Inspection Refusal
Coupang says the FTC missed a required seven-day notice, and a court hearing next Wednesday could decide whether the inspection is suspended.
7 Articles
7 Articles
Coupang: "Large-scale Retail Business Act requires 7 days' prior notice"... Change in stance from previous. FTC: "Makes exception to prior notice, no legal issue... Other investigations proceed as usual." Coupang, suspected of shifting discount costs to suppliers, refused an on-site investigation by the Fair Trade Commission and
Fair trade watchdog’s probe into Coupang stalls after inspection refusal
Seoul, Aug 27 (SocialNews.XYZ) The fair trade watchdog's probe into the South Korean arm of US-listed Coupang appears to have hit a setback after the e-commerce giant refused investigators' recent attempts to conduct on-site inspections, citing procedural issues, industry sources said on Thursday. According to sources, the Fair Trade Commission (FTC) had planned to conduct on-site inspections of Coupang's South Korean unit from last week through…
[Digital Daily Reporter Wang Jin-hwa] The controversy surrounding the Fair Trade Commission's "on-site investigations without prior notice" is escalating into a legal and institutional issue, triggered by Coupang's administrative lawsuit. While the KFTC maintains the position that prior notice is not required for investigations into violations of the Large-Scale Retail Business Act (hereinafter the Large-Scale Retail Business Act), the ruling pa…
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