• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
  • Alluring India - Brisbane Banner
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • National Events
  • Alluring India 2026
  • Please wait..
Business and Trade news

FTC orders e-commerce platforms in S. Korea to revise unfair user terms

  • BY India News Newsdesk
  • April 27, 2026
  • 0 COMMENTS

Seoul, April 27 (IANS) South Korea’s antitrust regulator on Monday ordered changes to unfair terms used by seven major e-commerce platforms, aiming to better protect consumer rights.

The Fair Trade Commission (FTC) said it reviewed user agreements and identified 11 types of unfair clauses across four main categories used by platforms operated by Coupang Inc., Naver Corp., Kurly Corp., SSG.com, Gmarket, 11Street and Nol Universe Co, reports Yonhap news agency.

The companies agreed to revise the terms following the regulator’s recommendations, the FTC added.

The watchdog said the changes are intended to strengthen consumer protections and ensure safer handling of personal data by platform operators.

One of the clauses involved Coupang’s former policy that prevented users from receiving refunds for prepaid Coupay Money balances after account termination, the FTC said.

Coupang earlier said about 3,000 user accounts were affected. However, a joint public-private investigation later found the issue had impacted more than 33.6 million accounts.

Meanwhile, Coupang has denied allegations that it lobbied U.S. government officials to pressure the South Korean government following a data leak controversy that emerged in November.

The company also rejected claims that its lobbying activities involved security-related issues, calling such assertions unfounded.

Citing disclosures under the U.S. Lobbying Disclosure Act (LDA), Coupang said its lobbying efforts focused on promoting economic cooperation between Seoul and Washington and expanding professional visa opportunities for South Koreans seeking employment in the United States.

The filings show the company also engaged with U.S. authorities on plans to expand investment and commercial activity in South Korea, Taiwan and Japan, without addressing security matters, Coupang said in a text message.

The company said it spent 1.6 billion won (US$1.09 million) on lobbying in the January-March period.

—IANS

na/

Post navigation

Notorious criminal killed in shootout with police at checkpost in Jammu
Heavy rain alert for western TN, strong winds likely till May 2

Related Post

India coming into its own as global power under PM Modi: Marco Rubio (IANS Interview)
June 27, 2026
India coming into its own as global power under PM Modi: Marco Rubio (IANS Interview)
June 27, 2026
India coming into its own as global power under PM Modi: Marco Rubio (IANS Interview)
June 27, 2026
Over 92 pc of businesses using Meta platforms in India are MSMEs
June 27, 2026

Our Current Issue

Alluring India 2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels
  • Alluring India - Brisbane 2026

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Alluring India 2026
  • Arts & Culture
  • Ashes 2022

Recent News

  • Women’s T20 WC: ‘Realised I don’t need...
  • Women’s T20 WC: ‘Realised I don’t need...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer
Alluring India 2026