Games & Commerce
Korea FTC fines Coupang 2.2 billion won for alleged abuse of power
South Korea\'s Fair Trade Commission imposed a 2.2 billion won fine on Coupang and ordered corrective measures over allegations it pressured suppliers to cut supply prices and shoulder advertising-related costs. The regulator also found delayed payments for goods in direct purchases and said Coupang did not return costs for unused items in a trial program. Coupang rejected the conclusions and said it would respond through court procedures.
