US investors in Coupang threaten legal action against South Korea

American investors in the South Korean e-commerce giant Coupang have formally notified the South Korean government that they intend to file an international arbitration claim. They argue that South Korea's regulatory actions against Coupang are unfair and have also requested that the US government investigate the matter.

This move has drawn a strong protest from South Korean civic groups, who object to the US investors' request for a US government probe. A US politician has also warned South Korea against what they call unfair treatment of Coupang and other American tech companies operating there.