Coupang fined $12.4 million for alleged manipulation of search algorithm

Coupang fined .4 million for alleged manipulation of search algorithm

Seoul: The antitrust regulator said on Thursday it has decided to fine e-commerce giant Coupang 140 billion won ($12.44 million) for using unfair search algorithms and uploading false product reviews to boost sales of its own private-label items. The Fair Trade Commission (FTC) also referred the company, as well as one of its subsidiaries, Coupang … Read more