The Korea Fair Trade Commission says the move against Google is part of South Korea's efforts to ensure fair markets.
SEOUL, South Korea – South Korea’s antitrust regulator has fined Alphabet Inc’s Google 42.1 billion won for blocking the release of mobile video games on a competitor’s platform.
The Korea Fair Trade Commission 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 video game makers to exclusively release their titles on Google Play in exchange for providing in-app exposure between June 2016 and April 2018.“Google makes substantial investments in the success of developers, and we respectfully disagree with the KFTC’s conclusions”, a spokesperson said.
The KFTC said the move against the US technology giant is part of efforts by the government to ensure fair markets. Game makers affected by Google’s action include Netmarble, Nexon and NCSOFT, as well as other smaller companies, the antitrust regulator added. In 2021, Google was fined more than 200 billion won by the KFTC for blocking customized versions of its Android operating system.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
South Korea to discuss 'issues raised' from leaked documents with USThe leaked documents contain details about internal discussions among top South Korean top officials about US pressure on the staunch ally to help supply weapons to Ukraine.
Baca lebih lajut »
South Korea to discuss ‘issues raised’ from leaked documents with USSouth Korea is aware of news reports about a leak of several classified US military documents and it plans to discuss "issues raised" as a result of the leak with the United States, a South Korean presidential official said on Sunday.
Baca lebih lajut »
South Korea, PHL expand cooperation via education, scholarships, exchanges | BusinessMirrorTHE Republic of Korea (South Korea) and the Philippines have forged strong learning tie-ups from decades back, with Filipinos earning degrees via scholarships. Since then a total of 4,303 Filipinos have fulfilled their degrees under various schemes, including the Korean government’s Global Korea Scholarship (GKS), Korea International Cooperation Agency (Koica)…
Baca lebih lajut »
Falling revenue threatens tax cuts in South KoreaSEOUL -The South Korean government may dial back the scale of tax cuts aimed at curbing inflation, as tax revenue for this year is likely to fall below estimates. According to the Ministry of
Baca lebih lajut »
South Korea says leaked US intel document 'untrue' amid US spying allegations'The two countries have a same assessment that much of the information disclosed is altered,' says South Korea's Deputy National Security Adviser Kim Tae-hyo.
Baca lebih lajut »
North Korea's Kim calls for more 'practical, offensive' war deterrenceNorth Korea has been reacting angrily to a recent series of US-South Korea joint military exercises.
Baca lebih lajut »