S Korea fines Google $32mn for blocking games on competitor's platform
KFTC Google bolstered its market dominance, and hurt local app market One Store's revenue
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KFTC Google bolstered its market dominance, and hurt local app market One Store's revenue
Fair Trade Commission accuses global tech giant of preventing local companies from releasing content on country's major homegrown app market under shady deal - Anadolu Agency
Google gets hit with a multimillion-dollar fine for anticompetitive practices in South Korea.
SEOUL - South Korea's antitrust regulator has fined Alphabet Inc's Google 42.1 billion won (S$42 million) for blocking the release of mobile video games on a competitor's platform. The Korea Fair Trade Commission (KFTC) said on Tuesday (April 11) that Google bolstered its market dominance, and hurt local app market One Store's revenue and value as a platform, by requiring...
South Korea's antitrust regulator on Tuesday slapped a fine of 42.1 billion won (more than $31.8 million) on Google and its regional arms for unfair business practices aimed at solidifying its dominance in the Korean mobile gaming app ...