KFTC Chair Rejects U.S. Pressure Over Coupang Probe

Korea Fair Trade Commission Chair Ju Byung-gi said the regulator will enforce competition law without discriminating against foreign firms despite pressure from U.S. political circles. The KFTC has secured data contradicting Coupang founder Kim Beom-seok's declaration that relatives do not participate in management and is accelerating its investigation.

• KFTC changed the same-person designation from Coupang to founder Kim Beom-seok
• Data contradicting the no-relatives-in-management declaration was secured
• Coupang filed for a suspension of execution against the designation change
• Ju floated revising on-site probe rules but ruled out compulsory investigation rights