Seoul, Nov 9, 2026 (AFP) - South Korea's Coupang, Woowa Brothers hit with huge antitrust fines

NAMPA / AFP

2026-11-09

South Korea's regulators fined ecommerce giant Coupang more than $200 million Monday for anticompetitive practices in the food-delivery market, months after it was hit with a record penalty over a data leak that provoked the ire of US lawmakers. The announced a provisional fine of 300.8 billion won ($222 million) against the firm over its treatment of restaurants regarding promotions. It also imposed a provisional fine of 331 billion won on Woowa......

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