KFTC plans to resume Coupang investigation after court rejects suspension

  • KFTC Chairman Joo Byung-gi said the agency will resume its Coupang investigation.
  • The court rejected Coupang's request to halt the on-site probe on September 23.
  • Coupang filed a further appeal seeking a Supreme Court ruling on investigation procedures.

Korea Fair Trade Commission Chairman Joo Byung-gi said the agency will resume its on-site investigation of U.S.-listed e-commerce company Coupang after the Seoul High Court rejected the company's request to suspend the probe on September 23. The KFTC is examining allegations that Coupang shifted discount costs onto suppliers and imposed unfavorable terms on merchants and vendors. Joo said the ruling protected the public interest, including economically vulnerable parties and hundreds of thousands of small merchants, and that the commission would work to restore market order after the investigation was interrupted. Coupang has filed a further appeal seeking a Supreme Court ruling on the statutory investigation procedures and the company's procedural rights. The KFTC also plans to establish a specialized investigation planning task force next month to examine Coupang, Naver, Kakao and Baemin for potential market-dominance abuses, tying and false advertising. The commission has said Uber's proposed acquisition of Baemin will receive strict review.

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