South Korea watchdog fines Coupang $1.6 million for pressuring suppliers, delaying payments

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SEOUL, Feb 26 (Reuters) - South Korea's ⁠antitrust regulator said on Thursday it has fined Coupang 2.2 ⁠billion won ($1.55 million) for pressuring suppliers to cut prices and shoulder ‌additional costs to meet profit margins, as well as for delaying payments to vendors. Read full story