Regulator launches probe into China’s Temu over unfair biz practices ...Middle East

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Seoul: South Korea’s antitrust regulator has launched an inspection into China’s Temu shopping app on suspicions of the retail platform’s false advertising and other unfair business practices, officials said on Monday. The Fair Trade Commission (FTC) recently sent documents to Temu for a probe to see if it violates South Korea’s e-commerce acts and advertisement regulations by making false and exaggerated advertisements, according to the government and industry officials. The document-based probe came as its South Korean subsidiary, Whaleco Korea LLC, has yet to come into full operation after being established in February, they added, reports Yonhap news agency. The regulator is also lookin

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