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Coupang | 8-K: Coupang Does Not Believe That Its Practices Are Fraudulent or Violate Any Korean Law and Will Vigorously Defend the Kftc's Judgement in Court

Coupang | 8-K: Coupang Does Not Believe That Its Practices Are Fraudulent or Violate Any Korean Law and Will Vigorously Defend the Kftc's Judgement in Court

Coupang | 8-K:Coupang公司认为其做法并未欺诈或违反任何韩国法律,并将在法庭上积极申辩韩国公平交易委员会的判决
美股sec公告 ·  06/14 16:00
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On June 12, 2024, Coupang, Inc., a company listed on the New York Stock Exchange under the trading symbol CPNG, reported a significant regulatory development in a Form 8-K filed with the United States Securities and Exchange Commission. The Korea Fair Trade Commission (KFTC) has concluded its investigation into Coupang's search ordering practices, deeming them deceptive and in violation of Korean law. The KFTC has proposed a provisional administrative fine and is directing the company to implement corrective measures. Coupang, Inc. has expressed disagreement with the KFTC's findings, asserting that its practices are neither deceptive nor illegal, and has announced its intention to appeal the decision in court.
On June 12, 2024, Coupang, Inc., a company listed on the New York Stock Exchange under the trading symbol CPNG, reported a significant regulatory development in a Form 8-K filed with the United States Securities and Exchange Commission. The Korea Fair Trade Commission (KFTC) has concluded its investigation into Coupang's search ordering practices, deeming them deceptive and in violation of Korean law. The KFTC has proposed a provisional administrative fine and is directing the company to implement corrective measures. Coupang, Inc. has expressed disagreement with the KFTC's findings, asserting that its practices are neither deceptive nor illegal, and has announced its intention to appeal the decision in court.
2024年6月12日,交易所代码为CPNG的Coupang,Inc.公司在提交给美国证券交易委员会的8-K表格中报告了重大的监管发展。韩国公平交易委员会(KFTC)已经结束了对Coupang的搜索订购实践的调查,认为这些实践是欺骗性的,并违反了韩国的法律。KFTC已经提出了临时行政罚款,并指示该公司实施纠正措施。Coupang, Inc.已表示不同意KFTC的裁定,并声称其做法既不具有欺骗性,也不违法,并宣布将在法庭上对决定提出上诉。
2024年6月12日,交易所代码为CPNG的Coupang,Inc.公司在提交给美国证券交易委员会的8-K表格中报告了重大的监管发展。韩国公平交易委员会(KFTC)已经结束了对Coupang的搜索订购实践的调查,认为这些实践是欺骗性的,并违反了韩国的法律。KFTC已经提出了临时行政罚款,并指示该公司实施纠正措施。Coupang, Inc.已表示不同意KFTC的裁定,并声称其做法既不具有欺骗性,也不违法,并宣布将在法庭上对决定提出上诉。
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