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South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism

  • PYMNTS--pymnts.com
  • published date: 2026-07-20 21:06:48 UTC

South Korea’s decision to fine American-owned eCommerce firm Coupang is straining relations between the two countries, Reuters reported Friday (July 20). South Korea said the fine was imposed over a data leak, but American lawmakers said the move raises quest…

South Koreas decision to fine American-owned eCommerce firm Coupang is straining relations between the two countries, Reuters reported Friday (July 20).South Korea said the fine was imposed over a da… [+2550 chars]