U.S. Investors Demand Investigation of South Korea Over Coupang’s Data Breach Response

TLDR Two U.S. investors filed arbitration claims against South Korea under the U.S.-Korea Free Trade Agreement (KORUS). The investors allege South Korea’s actions towards Coupang following a data breach were discriminatory. The investors have requested the U.S. Trade Representative (USTR) to investigate and potentially impose sanctions. South Korea denies any discriminatory actions and stresses that [...]

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