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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....

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