Regulator slaps 2.19 bln-won fine on Coupang for pressuring suppliers for its profit margins
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Source: South Korea
Published: 2026-02-26 14:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Financial Markets, Asia Pacific
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Snippet:
SEOUL, Feb. 26 (Yonhap) -- South Korea's antitrust regulator said Thursday it has imposed a fine of 2.19 billion won (US$1.54 million) on e-commerce giant Coupang Corp. for pressuring suppliers to lower prices and cover advertising costs to meet its target profit margins.
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