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Coupang dispute becomes a test of cross-border power over platform regulation
A huge data breach at South Korea's largest online retailer has escalated into a sovereignty dispute, with U.S. lawmakers defending Coupang while South Korean authorities press investigations and possible penalties.
Key Takeaways
- South Korean regulators say a former employee accessed data from 33.7 million Coupang accounts using a stolen security key.
- U.S. lawmakers have defended Coupang, arguing South Korea is unfairly targeting a U.S.-registered company.
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