I felt this while watching the Coupang hearing
The de facto owner, Kim Bum-suk, is a Gummer foreigner and does not attend the National Assembly hearing because he is in the U.S
In fact, mainland Americans appear at the hearing and are blindfolded, and the National Assembly is also overstepping according to the National Assembly.
Now, the Democratic Party of Korea is conducting a Coupang parliamentary investigation, and the government is also pressing the ministry in all directions, which could be seen as a political attack and already seems to be so.
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If I were you, I wouldn’t have a gag con in the National Assembly like that, but I would embody what the FTC announced not long ago
If the National Assembly’s political affairs committee limits the settlement date to 20 days by law and the government immediately implements it, Coupang will not be able to hold the seller’s payment for a long time, and will be limited in its discount and free delivery-oriented business operations on the premise of long-term settlement, which is Coupang’s biggest strength
Coupang is likely to reduce its flexibility in cash management due to the reduction of the sales price holding period and weaken its bargaining power for sellers through delayed settlement, which immediately hits Coupang.
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In this case, 90,000 Coupang-related workers are employed, and the turnover of funds of the companies that supply Coupang is much improved, and Chairman Kim Bum-seok is unlikely to be able to withstand it as it is now because 90% of Coupang’s sales are in Korea.
The Democratic Party likes the law and there are already related legislation, so you can follow the law.
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