South Korea Slams Google with $177 Million Fine for Abusing Market Dominance

Published September 14th, 2021 - 02:00 GMT
South Korea Slams Google with $177 Million Fine for Abusing Market Dominance
Google was found guilty of abusing its market dominance. (Shutterstock)
Highlights
South Korea's antitrust regulator has initiated a probe into the tech giant.

The Korea Fair Trade Commission (KFTC) has fined Alphabet Inc's Google $177 million for abusing its market dominance to Stunt competition in the Android operating system (OS) market, Tech Crunch reported.

South Korea's antitrust regulator has initiated a probe into the tech giant blocking of local smartphone manufacturers like Samsung Electronics and LG Electronics from using other Android OS, through Google’s anti-fragmentation agreements.

This fine is not the first setback for the search engine operator in South Korea as earlier in August a South Korean parliamentary committee voted to recommend amending a law that bans Google and Apple from forcibly charging software developers commissions on in-app purchases.


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