Latest Korea Fair Trade Commission News & Updates

US Investors in Coupang Plan Arbitration Against South Korea Over Data Leak Probe

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Seoul, Jan 23 (IANS) Two US investors in e-commerce giant Coupang notified the South Korean government of their intent to bring arbitration claims against it over what they called “discriminatory” acts toward the US-listed firm, and requested a US government probe into the matter.Greenoaks Capital Partners and Altimeter Capital Management took the actions, decrying South Korean authorities’ investigations into Coupang following revelations in November about a massive customer data leak, accordin…