South Korea Fines Google $32 Million for Blocking Release of Games on Competitor's Platform
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SEOUL (Reuters - South Korea's antitrust regulator fined Alphabet Inc.'s Google 42.1 billion won ($31.88m) for preventing the release of mobile games on a rival platform.
On Tuesday, the Korea Fair Trade Commission (KFTC), stated that Google had bolstered market dominance and damaged local app market One Store's value and revenue. Video game developers were required to only release their titles on Google Play for in-app exposure.
According to the KFTC, the government's move against the U.S. tech giant was part of its efforts to ensure fair markets.
The antitrust regulator said that Google's actions affected Netmarble and Nexon as well as smaller companies.
KFTC fined Google more than 200 billion dollars for blocking customized versions of its Android operating systems in 2021.
($1 = 1,320.4200 won)