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FTC approves Coupang's corrective measures on unfair deals with subcontractors (opens original article in a new tab)

TL;DR

South Korea's FTC approved Coupang's 3 billion won corrective measures to address unfair deals with subcontractors, including funding for product development and advertising. The FTC previously rejected a larger 60 billion won proposal in a separate case.

  • FTC approved Coupang's 3 billion won corrective measures for unfair dealings with subcontractors.
  • Coupang's measures include 1.05 billion won for product development and 1 billion won for advertising private-label products.
  • FTC rejected a separate 60 billion won proposal in another case involving market dominance allegations.

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