Coupang case moves to South Korean prosecutors following KFTC's self-preferencing sanctions
By Jenny Lee ( July 1, 2024, 08:12 GMT | Insight) -- South Korean e-commerce giant Coupang faces a new legal challenge as prosecutors prepare to launch a criminal investigation, barely a month after the country's competition regulator imposed sanctions for alleged self-preferencing practices. The Criminal Investigation Division 6 of the Seoul Eastern District Prosecutor's Office has taken on the case, MLex was told, diverging from the usual handling of antitrust matters by the Seoul Central District Prosecutors' Office, specifically by the department responsible for violations of fair-trade rules.South Korean e-commerce giant Coupang faces a new legal challenge as prosecutors prepare to launch a criminal investigation, barely a month after the country's competition regulator imposed sanctions for alleged self-preferencing practices....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.