Republic of Korea: Issued KFTC fine against Google for abuse of dominance in the mobile gaming app market
Description
Issued KFTC fine against Google for abuse of dominance in the mobile gaming app market
On 11 April 2023, Korea’s Fair Trade Commission (FTC) imposed a fine of KRW 42.1 billion on Google LLC, Google Korea and Google Asia Pacific for abusing their market dominance in the local mobile gaming app market. In particular, the FTC found that …
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
software provider: app stores
Implementation Level
national
Government Branch
executive
Government Body
competition authority