South Korea’s Antitrust Regulator Raids E-commerce Giant Coupang After Initial Probe Blocked

FTC raids Coupang again after first attempt comes up empty

South Korea’s antitrust regulator sent about 30 investigators to Coupang’s Seoul headquarters Tuesday, taking the unusual step of reopening its probe under a different law just over a week after the e-commerce giant blocked an earlier inspection. The renewed inspection marks a sharp escalation in the standoff between the Fair Trade Commission and Coupang, with the regulator deploying a large team and reportedly demanding records covering nearly a decade of business activities and transactions. A

By The Korea Herald