▲ Coupang
Coupang has filed a re-appeal after a court dismissed its request to suspend the effectiveness of an on-site investigation by the Fair Trade Commission (FTC).
Coupang submitted its re-appeal to the 6-2 Administrative Division of the Seoul High Court (Presiding Judges Choi Hang-seok, Park Young-ju, and Kim Min-gi) yesterday (September 28).
Previously on September 23, the court denied Coupang's application for a stay of execution filed against the FTC.
The court explained, "For now, the impact that suspending the effect of the on-site investigation would have on public welfare outweighs the disadvantages that the applicant (Coupang) would suffer."
Following the court's dismissal, the effectiveness of the on-site investigation decision was immediately restored.
Even with the filing of a re-appeal, this effect is not suspended again, allowing the FTC to resume its on-site investigation.
Last month, Coupang refused to comply with an on-site investigation by the FTC regarding suspected violations of the Large-Scale Retail Business Act, and subsequently filed a lawsuit for cancellation along with an application for a stay of execution.
Coupang argues that under the Administrative Investigation Act, on-site investigations concerning violations of the Large-Scale Retail Business Act must be notified in advance, but the FTC failed to do so.
The schedule for the primary lawsuit seeking cancellation has not yet been set.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
Video News
Video News
Video News