Foreign executives warn breadth, tone of investigation risk undermining regulatory predictability
The Korean government's sweeping investigation into Coupang over its massive data breach is heightening unease among foreign companies, with business executives warning that the scale and tone of the probe are unprecedented, even given the seriousness of the incident, and could undermine Seoul's push to attract foreign investment.
The breach, disclosed in November, exposed the personal information of nearly all of Coupang's 33.7 million users, affecting close to three-quarters of the nation's population. Given how deeply the platform is embedded in daily life — from groceries and household essentials to food delivery and streaming — the incident has triggered unusually strong public backlash and political press
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