The US ambassador to South Korea said on Tuesday that US companies in South Korea deserve a “level playing field.” The day before, South Korea's antitrust regulator announced fines against e-commerce giant Coupang for abusing its dominant position in the market. Ambassador Michelle Steele made the above remarks at a forum organized by the Korea-US Parliamentarians' Union. Recently, Washington has repeatedly expressed dissatisfaction with South Korea's regulations and other measures that may affect US and South Korean companies. Steele said, “As promised by our two presidents last year, American companies in South Korea deserve a level playing field. This should begin by improving mutual understanding between the two sides.” Steele did not name the U.S.-listed company Coupang.

Zhitongcaijing · 2d ago
The US ambassador to South Korea said on Tuesday that US companies in South Korea deserve a “level playing field.” The day before, South Korea's antitrust regulator announced fines against e-commerce giant Coupang for abusing its dominant position in the market. Ambassador Michelle Steele made the above remarks at a forum organized by the Korea-US Parliamentarians' Union. Recently, Washington has repeatedly expressed dissatisfaction with South Korea's regulations and other measures that may affect US and South Korean companies. Steele said, “As promised by our two presidents last year, American companies in South Korea deserve a level playing field. This should begin by improving mutual understanding between the two sides.” Steele did not name the U.S.-listed company Coupang.