South Korean antitrust agency fines Google $177 million for abusing market dominance – Times of India

Seoul: South Korea’s antitrust regulator fined Alphabet Inc’s on Tuesday Google 207 billion won ($176.64 million), saying the US technology giant abused its dominant market position to restrict competition in the mobile operating system market.
The Korea Fair Trade Commission (KFTC) investigated Google for preventing local smartphone makers from using other operating systems.
The fines are the latest antitrust blow for Google in South Korea. Earlier this month, parliament passed a bill to force major app store operators like Google to force software developers to use their payment systems and effectively bar developers from charging commissions on in-app purchases .
The KFTC said this could be the ninth largest fine ever imposed.
Google was not immediately available for comment on Tuesday.

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