South Korea's Fair Trade Commission has fined Coupang 500 million won (approximately $327,000) for misleading advertising regarding discounts for its paid members. This penalty represents the maximum allowed by law. The misleading advertisements were displayed on Coupang's website between August 2020 and May 2022, concerning the benefits offered to its premium subscribers. AI
RANK_REASON Regulatory action against a major e-commerce platform for misleading advertising. [lever_c_demoted from significant: ic=1 ai=0.0]
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