Tech

South Korea fines Google $32m for blocking games

South Korea’s competition watchdog on Tuesday, April 11 imposed a fine of 42.1 billion won (32 million dollars) on Google.

The company was fined for using its dominant market position to block the sale of computer games on rival platform One Store.

The South Korean Fair Trade Commission (FTC) said that Google had reached questionable agreements with game makers between June 2016 and April 2018 to ensure that they offered their products exclusively on Google Play.

In return, Google had offered certain marketing advantages to the game makers, the FTC said in a statement.

One Store’s value as a platform had declined as a result, it said. “Google was able to extend its dominance in the App market,” FTC said.

Google denied the allegations, saying it had not infringed any competition laws. The tech giant said it would decide on further action after receiving the FTC ruling in writing.

READ ALSO: Glut: Lagos govt, Farm Alert mop up 300,000 eggs

One Store was set up in 2016 by three South Korean mobile phone providers and South Korea’s Naver search engine.

The Star

Editor

Recent Posts

5,000 jostle for PTDF’s overseas scholarship

No fewer than 5,000 applicants on Monday, May 20, 2024, commenced the interview for the…

5 hours ago

Minimum wage: Labour insists on May 31 deadline, meets FG Tuesday

The Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC)…

6 hours ago

Gunmen behead 2 in Ebonyi

Gunmen have beheaded two persons at Igede village in the Ohaukwu Local Government Area of…

7 hours ago

Liverpool announce Arne Slot as new coach

Liverpool have announced Feyenoord coach Arne Slot as the new manager of the Premier League…

9 hours ago

NELFUND: Student loan’ll begin at federal tertiary institutions

The Nigerian Education Loan Fund (NELFUND) says students in federal tertiary institutions would first be…

9 hours ago

Jonathan to Fubara, Wike: Work together if you love Rivers people

Former President Goodluck Jonathan has called on Rivers State Governor Siminalayi Fubara and Minister of…

11 hours ago

This website uses cookies.