South Korea’s Fair Trade Commission (FTC) will investigate e-commerce giant Coupang Inc. for suspicion of forcing employees to post false reviews on private brand (PB) products to attract customers, industry.
Civic groups had filed reports with the antitrust regulator about the suspected act by Coupang and its subsidiary CPLB.
While cases reported to the FTC are usually dealt with by regional offices, Coupang’s case will be handled by its headquarters due to the potential social impact.
Civic groups claimed in a press conference that Coupang mobilized employees without any proper compensation to write false reviews since last July.
Coupang supposedly wanted to bring more exposure to its private brand products.
The FTC is also investigating Coupang for manipulating algorithms to prioritize Coupang’s PB products on the top of its rankings since June.


FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher
U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief
Prince Harry, Elton John Ordered to Pay £9.54 Million in Daily Mail Legal Costs
US Supreme Court Lets $655.5 Million Judgment Against Palestinian Authorities Stand During Appeal
Oil Prices Surge as U.S.-Iran Conflict Threatens Hormuz Supply
Iran’s Hormuz Oil Pressure Fades as Gulf Crude Flows Continue
SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says
Turkey Targets 5% Economic Growth by 2029
Anthropic IPO Marketing Expected to Start in Mid-October
Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields
Japan, US Target AI and Chips in $550 Billion Investment Push
US Weighs New Sanctions Against Brazil Supreme Court Justice Alexandre de Moraes
Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links
TikTok, DOJ Reach $400 Million Children’s Privacy Settlement
Honda Targets $9.4 Billion in Cost Cuts as China EV Competition Intensifies
Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike 



