Diplomatic, trade burdens intensify as Coupang founder designated de facto controller
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E-commerce giant Coupang is adding strain to Korea’s diplomatic and trade relations with the United States after its Korean American founder, Kim Bom-suk, was named the company’s legal controlling figure by Seoul’s antitrust watchdog, Wednesday. Kim’s inclusion on the Fair Trade Commission’s (FSC) list places him under more regulatory scrutiny, which analysts say could intensify debate over what some U.S. lawmakers have alleged amounts to “discriminatory regulatory action” against Coupang. Analy
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