finance
54 U.S. Republican Lawmakers Urge South Korea to Ease Tech Regulations
More than 50 members of the U.S. Republican Study Committee sent a letter to South Korean Ambassador Kang Kyung-wha on April 21, 2026, U.S. time. The letter accused Seoul of discriminatory regulations targeting firms like Coupang Inc. and urged an immediate end to such actions. Yonhap reported the details, highlighting concerns over potential market dominance by Chinese companies.
Apr 22, 10:47 AM·1m read1 source
Substrate placeholder — needs reviewAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Through discriminatory regulations. The letter, from 54 members of the Republican Study Committee, stated that these actions represented an unacceptable move that could risk helping Chinese firms gain market dominance.
It called on Seoul to honor its commitment to avoid unnecessary legal and policy barriers, in line with summit agreements reached between the two countries' leaders in 2025. U.S. companies,' the letter stated, with ROK standing as the short form for South Korea's official name, the Republic of Korea.
The lawmakers added that many American tech companies have faced a range of regulatory actions that seek to punish them while shielding Korean domestic competition. -listed e-commerce giant that has faced intense scrutiny in Korea over a massive data leak of more than 30 million customers' personal information. It accused Seoul of using the low-sensitivity incident as a pretext to attack Coupang.
The Republicans argued that mistreatment of American companies with discriminatory actions would cede ground to Chinese companies with close ties to the Chinese government, resulting in unacceptable security consequences. -South Korea joint fact sheet in which Seoul agreed not to disadvantage American companies, stating that South Korea has ignored this commitment.
' Yonhap reported these details from the letter.
