KFTC Chief Vows to Resume Coupang Probe, Announces Platform Task Force

Korea Fair Trade Commission Chairman Joo Byung-gi said he will push to complete the on-site investigation of Coupang after the Seoul High Court rejected the company's request to suspend it. In October the KFTC will launch a task force to examine Coupang, Naver, Kakao and Baemin over abuse of dominance, tying and false advertising.

• Seoul High Court rejected Coupang's bid to halt the KFTC probe on Sept. 23
• The KFTC opened the Coupang investigation in August over large retail law violations
• A task force will probe Coupang, Naver, Kakao and Baemin starting in October
• Joo rejected U.S. claims that the Coupang probe discriminates against a U.S. firm