Google fined $32 million in South Korea for anti-competitive behaviour

Google fined $32 million in South Korea for anti-competitive behaviour

Google fined $32 million in South Korea for anti-competitive behaviour: In an email statement, Korea Fair Trade Commission (KFTC) said that Google tried to block Korean platform competitor One Store Co.’s business development.

April 2023 Current Affairs Quiz

KFTC said that Google bolstered its market dominance and hurt revenue and value of One Store 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. Korea’s Fair Trade Commission informed that Google is using its clout in the mobile app market to squeeze out a rival. The Korean regulator has ordered Google LLC, Google Korea, and Google Asia Pacific to cease offering support to mobile game companies in exchange for promises of exclusivity.

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