US House committee says South Korea discriminated against Coupang(2026)

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US House committee says South Korea discriminated against Coupang
South Korean authorities have consistently discriminated against U.S.-based Coupang, ‌a campaign that escalated with numerous investigations after a data breach at the e-commerce firm last year, the U.S. House Judiciary Committee said in an interim report

Those actions were part of long-standing economic discrimination against U.S. and other foreign companies, the report said, adding that such discrimination "directly violates" a recent bilateral trade agreement

South Korean foreign ministry spokesperson Park Il said the report was one-sided, reflecting only claims by Coupang despite the government communicating with the committee for months. ⁠Allegations of discrimination against Coupang and other U.S. companies were untrue, he added

Coupang, the biggest online retailer in South Korea but based in Seattle, became the target of much regulatory scrutiny and public ire last year after news of the breach became known

A former employee was able to access customer information associated with as many as 33.7 million accounts. Coupang later said the person only stored and retained information relating to about 3,000 accounts

The NIS denied in December that it had directed Coupang's investigation or recovery efforts, saying it had only requested materials from the company. Democratic Party lawmaker Park Sun-won, ⁠a member of South Korea's National Assembly Intelligence Committee, also said on Thursday that there had been "absolutely" no coercion

The presidential Blue House did not have an immediate response
Coupang said in a statement that it regretted the circumstances that led to the ⁠House Judiciary Committee's investigation

It is "committed to finding a constructive resolution so Coupang can once again serve as a bridge to strengthen the U.S.-Korea alliance, accelerating trade and investment that benefits both countries," the company said

FASHIONNETWORK.COM