South Korean trade watchdog alleges Google abused its position in Android app store

South Korea’s antitrust regulator alleged on Wednesday that Alphabet’s Google abused its dominant position in the Android app marketplace to hinder competition and will recommend corrective measures and a financial penalty.

The Korea Fair Trade Commission’s (KFTC) Market Surveillance Bureau found Google’s alleged abuse of market dominance ‌in the ⁠Android ⁠app marketplace affected 14.16 trillion won ($9.1 billion) in revenue, the bureau said in a media briefing where it released its examiner’s report on the matter.

Read more

You may also like

Comments are closed.

More in Newspapers