Ju Byung-gi, chairman of the Truthful Commerce Fee, delivers remarks on the inauguration and advisory assembly of the Truthful Commerce Coverage Advisory Group at Publish Tower in central Seoul, Jan. 5. Yonhap
Ordering a brief suspension of enterprise operations at e-commerce big Coupang could also be doable, the pinnacle of Korea’s antitrust watchdog mentioned Monday, amid an ongoing investigation over a latest large-scale knowledge breach on the U.S.-listed firm.
“If an order is just not carried out or whether it is deemed inadequate to supply aid to affected customers, a enterprise suspension can be doable,” Ju Byung-gi, chairman of the Truthful Commerce Fee (FTC), mentioned in a radio interview.
Coupang introduced the outcomes of its inner probe on Dec. 25, saying a former worker had stolen private info from 33.7 million person accounts however saved knowledge from solely about 3,000 accounts, which, it claimed, was later deleted.
The science ministry rapidly dismissed the findings as one-sided and an incomplete conclusion, stressing {that a} joint public-private investigation involving the ministry and the Private Info Safety Fee has but to be concluded.
Ju mentioned the FTC was additionally inspecting different points associated to Coupang past the information breach, together with its enterprise practices.
He added that the FTC will quickly announce the outcomes of its deliberations on allegations that Coupang handed on losses incurred from gross sales at low costs to companion suppliers.
