COUPANG UNDER LOCAL WATCHMAKERS IRE FOR EVADING THEIR BILLIONS BY COUNTERFEITING

• The country's top online retailer Coupang has been reprimanded for not properly monitoring the sales of fake luxury products on its platform.
• The Korea Watch & Clock Industry Cooperative (KOWIC) filed a claim against Coupang for disruptions after small- and medium-sized companies suffered from thriving fake Rolex sales there.

The cooperative body said 684 banal luxury watches are sold on Cou....