Antitrust Antitrust

Homeplus latest retailer facing South Korean competition regulator's scrutiny over supplier relations

By Jenny Lee
  • 03 Sep 2024 02:45
  • 03 Sep 2024 02:45
South Korean retail giant Homeplus faced a dawn raid by the country's antitrust watchdog, which is investigating allegations that the company unfairly shifted promotional costs to its suppliers.
Officials from the Korea Fair Trade Commission, or KFTC, launched an on-site inspection at the company's Seoul headquarters this week to gather

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Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

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