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Korea's antitrust regulator said Tuesday it has decided to slap a fine of 42.1 billion won ($31.8 million) on Google LLC and its regional arms for unfair business practices aimed at solidifying its dominance in the Korean mobile gaming app market.
Google tried to block Korean platform rival One Store Co.’s business development, Korea’s Fair Trade Commission said in an e-mailed statement Tuesday.
Google said it will review the final decision by the KFTC to evaluate the next course of action.
Google said it does not agree with the Korean FTC's decision, claiming it has not violated any local competition laws.
SEOUL (Reuters) - South Korea's antitrust regulator has fined Alphabet Inc's Google 42.1 billion won ($31.88 million) for blocking the release of mobi...