• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

S.Korean antitrust agency fines Google $177 million for abusing market dominance

September 14, 2021 by David Barret Leave a Comment

September 14, 2021

SEOUL (Reuters) -South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system (OS) market.

The Korea Fair Trade Commission (KFTC) investigated Google for allegedly preventing local smartphone makers from customising its Android OS.

The fine is the latest antitrust setback for Google in South Korea. Earlier this month, parliament passed a bill to ban major app store operators such as Google from forcing software developers to use their payment systems and effectively stopping developers from charging commission on in-app purchases.

KFTC said the fine could be the ninth-biggest it has ever imposed.

It said Google has hampered market competition by requiring smartphone makers to abide by an “anti-fragmentation agreement (AFA)” when they sign key contracts with Google regarding app store licences.

Under the AFA, device makers were not allowed to install modified versions of Android, known as “Android forks”, on their devices.

This practice has helped Google cement its market dominance in the mobile OS market, the KFTC said.

Google was not immediately available for comment on Tuesday.

($1 = 1,171.8500 won)

(Reporting by Heekyong Yang; Editing by Christopher Cushing)

Source Link S.Korean antitrust agency fines Google $177 million for abusing market dominance

David Barret
David Barret

Related posts:

  1. Thai PM survives no confidence vote as more anti-government protests planned
  2. Tennis-Relentless Raducanu races into U.S. Open last 16
  3. UK minister: no decision yet on COVID-19 vaccines for healthy children
  4. Golf-Americans storm back into contention at Solheim Cup

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Lupus Linked To Virus That Over 95 Percent Of Us Carry, First Radio Detection Received From Interstellar Object 3I/ATLAS, And Much More This Week
  • Why Do Cars Have Those Lines On The Rear Window?
  • SpaceX CEO Elon Musk Responds To Wild Speculation That 3I/ATLAS Is An Alien Spaceship
  • Did NASA’s Viking Mission Find Evidence Of Extant Life On Mars? It’s Not As Out There As It Sounds
  • World’s Oldest RNA Recovered From Baby Mammoth Beautifully Preserved In Permafrost For 40,000 Years
  • No Mining, No Machines – How The Future Of Technology Depends On Greener Mines
  • “It Was A Huge Surprise”: Dinosaur Eggs Were Speckled And Colorful, Just Like Birds’ Eggs
  • Meet The Peacock Spiders: Secretive, Small But Oh So Special
  • “Sudden Unexplained Death” In US Turns Out To Be World’s First Confirmed Death From Tick-Spread “Meat Allergy”
  • What’s The Longest Border In The World? It’s A Lot Weirder Than It Looks On A Map
  • “The Fall Of Icarus”: You Have Never Seen An Astrophotography Picture Like This!
  • Blue Origin Sends NASA Mission To Mars, Followed By First-Ever Successful Landing Of New Glenn’s Booster
  • This 4,300-Year-Old Silver Goblet May Contain Earliest Known Depiction Of Cosmic Genesis
  • Filter-Feeding Pterosaur Becomes The First Extinct Species Discovered In Fossil Vomit
  • We Jinxed It – Golden Comet C/2055 K1 (ATLAS) Has Now Broken Into Pieces
  • This Plant Hoards Rare Earth Elements That The World Desperately Needs
  • Lupus Linked To Virus That Over 95 Percent Of Us Carry – And Now We Finally Know How
  • This Whale’s Meal Plan? Over 70,000 Squid A Year, And It’ll Dive Incredible Depths To Get Them
  • There Are 23 Countries in North America: Do You Know Them All?
  • “Non-Gravitational Acceleration” Of Interstellar Object 3I/ATLAS Explained In New Study
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version