Market Chatter: South Korea's Antitrust Regulator Conducts On-Site Inspection at Coupang

MT Newswires Live
Yesterday

South Korea's Fair Trade Commission has made another on-site inspection at U.S.-listed e-commerce company Coupang's Seoul headquarters over possible interference in other companies' operations, The Korea Times reported on Wednesday, citing industry sources.

The company cooperated with the fair trade regulator's officials during the probe on Tuesday, according to the report.

The watchdog attempted to do an inspection at the company last week over an alleged change in the cost of discounts for its suppliers, with the company refusing the probe.

The antitrust regulator and Coupang did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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