2024-07-26 01:43:17
Timon and WeMakePrice’s Unsettled Amount: 170 Billion Won
“Small business owners are second in line…uneasy” in government policy
“I wonder how angry they would be if they stole stuff from Timon headquarters… I feel like I want to do the same. Shouldn’t we file a class action lawsuit?”
As the delay in settlement of sales proceeds from Timon and WeMakePrice continues, it has been discovered that small business owners who have opened stores on the platform but have not received payments are preparing class action lawsuits one by one.
According to a Newsis report on the 26th, a seller posted on an online community the day before, asking, “Isn’t there anyone preparing a class action lawsuit?” and complaining, “I paid about 10 million won and am putting other things aside to look into (a response plan).”
A post was already posted on the community on the 10th suggesting that sellers who suffered damages due to not receiving payment from Quten affiliates Timon and WeMakePrice file a class action lawsuit.
Most of the 79 comments on the post were along the lines of, “I want to join (the class action lawsuit), so please give me the chat room participation code.”
On the same day, a KakaoTalk open chat room was opened for the ‘WeMakePrice/Tmon/Q10, etc. Unsettled Sellers’ Group’. As of 6 PM on the 25th, the number of people in the open chat room was 1,086.
According to financial authorities, the amount of unsettled money that Timon and WeMakePrice did not pay to their merchants was revealed to be around 170 billion won.
In an open chat room where sellers who suffered from delayed settlements with Timon and WeMakePrice gathered, responses were exchanged such as, “If you add up the unsettled amounts from August and September, it will probably exceed 500 billion won,” and “The total amount is expected to be 1.5 trillion won.”
The amount of unsettled damages revealed in the chat room ranged from 1 million won to 7 billion won.
As the Timon and WeMakePrice situation continued, the relevant ministries held an emergency inspection meeting on the 25th and began a cooperative response.
On the same afternoon, the Fair Trade Commission and the Financial Supervisory Service inspected WeMakePrice and TMON’s obligation to refund payments to consumers and whether they violated the Electronic Commerce Act, and investigated the status of unpaid sales payments to sellers.
In addition, the Fair Trade Commission announced that it will form a dedicated team at the Korea Consumer Agency to begin preparing for collective dispute mediation, and that it will also actively support civil lawsuits depending on future circumstances.
However, affected sellers expressed their anxiety about the government’s measures, saying, “It seems like they will rescue consumers first, and then small business owners and micro-enterprises in that order,” and “We are second in line.”
A lawyer who is preparing a class action lawsuit with sellers affected by the Timon and WeMakePrice incident said, “There is a possibility that relief will be provided to sellers, so we will have to wait and see whether a class action lawsuit will be filed.”
However, he said, “The government’s measures are focused more on protecting consumers than sellers,” and “If a civil suit is filed, sellers should receive the money first, so securing the right to enforce against Timon should be achieved first.”
He continued, “It is not a means of directly rescuing sellers, but it is natural that Koo Young-bae, the CEO of Quten Group, will be held criminally responsible.”
He explained, “Tmon has to settle the product price received from the PG company (electronic payment settlement agency) with each seller, but if it doesn’t do so and just holds on to it, it will be recognized as having a ‘custodian status,’” and “if it uses that money at will, it will be considered embezzlement.”
[서울=뉴시스]
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2024-07-26 01:43:17