Coupang Fined 3.3 bln Won for Unfair Biz Practice

SEOUL, Aug. 19 (Korea Bizwire) — South Korea’s antitrust regulator said Thursday it has decided to fine e-commerce giant Coupang Inc. 3.3 billion won (US$2.8 million) for alleged unfair business practice. Between 2017 and 2020, Coupang demanded its suppliers raise sales prices of products trading at its rival online malls if one-off sales promotion events [...]