
Disobeyed request to submit data related to investigation of violation of Fair Trade Act in September
AI-generated summary
Last September, the Fair Trade Commission conducted an on-site investigation into Coupang's headquarters on suspicion of violating the Fair Trade Act.
(Seoul = Yonhap News) Reporter Cho Min-jung = It was confirmed that Coupang, which had disobeyed the Fair Trade Commission's on-site investigation, has now applied for a suspension of execution of the Fair Trade Commission's report and submission order.
According to the legal community on the 7th, Coupang filed an application for suspension of execution with the Seoul High Court on the 30th of last month to stop the effect of the Fair Trade Commission's reporting and submission order.
The court is scheduled to hold a hearing on Coupang's application for suspension of execution on November 5.
It is known that this application is related to the submission of data requested by the Fair Trade Commission from Coupang last month.
Previously, the Fair Trade Commission pursued an on-site investigation in August to confirm Coupang's suspicions of violating the Large-Scale Distribution Business Act, but Coupang refused to conduct an on-site investigation on the grounds that it had not received written notice, so an on-site investigation was not conducted.
The Fair Trade Commission later sent about 30 investigators to Coupang's headquarters on September 1 to conduct an on-site investigation on charges of violation of the Fair Trade Act, which did not require written notification.
At the time, the Fair Trade Commission reportedly requested about 10 years' worth of data from Coupang starting in 2016.
It was reported that Coupang had already been investigated by the Fair Trade Commission several times and was asked to submit excessive data in a situation where the charges were not clear.
Previously, Coupang applied for a suspension of execution in protest of the decision to conduct an on-site investigation into suspicions of violation of the Large-Scale Distribution Business Act, but the court dismissed the request on the 23rd of last month.
AI outlook — possibilities, not facts
Court hearing on application for suspension of execution
Very likely · Within weeks

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