Search results for U.S. House Judiciary Committee
Games & Commerce
U.S. House Judiciary panel report says South Korea discriminated against Coupang, breached trade deal
A U.S. House Judiciary Committee interim report says the South Korean government has repeatedly discriminated against U.S. company Coupang, Reuters reported on Wednesday. The committee said investigations increased sharply after a Coupang data breach case, calling it discriminatory toward U.S. and foreign companies and a direct violation of a recently concluded bilateral trade agreement. South Korea\'s foreign ministry called the report one-sided and rejected the discrimination claims.
Games & Commerce
Rogers testifies to U.S. House panel; Coupang says it regrets situation in South Korea
Harold Rogers, interim head of Coupang’s South Korean unit, attended a closed-door meeting of the U.S. House Judiciary Committee on Feb. 23 and testified for about seven hours. Robert Porter, Coupang Inc’s chief global affairs officer, said on Feb. 24 that the company regrets the situation in South Korea and is still seeking a constructive solution. The meeting followed a subpoena sent by Republican committee leaders.
General News
Three U.S. Coupang shareholders join legal challenge against South Korean government
Three additional U.S. investors holding shares in Coupang have submitted notices of intent to arbitrate, challenging South Korea’s response to a personal data leak case, industry sources said. Abrams Capital, Durable Capital Partners and Foxhaven said they will also join legal objections filed by Green Oaks and Altimeter. The Justice Ministry said the new claimants relied on the same factual assertions as earlier filings and that the government will respond through an inter-agency dispute response team.
