The antitrust regulatory body in South Korea has penalized Google which is a subsidiary of Alphabet, about KRW 42.1 billion, 31.88 million USD which is around Rs. 262 Crore for hindering the launch of video games for smartphones on an opponent’s forum.
KFTC (The Korea Fair Trade Commission) stated that Google on Tuesday, by involving video game developers to entirely unveil their titles on Google Play in return for offering in-app publicity around June 2016 and April 2018, increased its dominant market position and harmed the localized app market One Store’s earnings and worth as a platform.
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Google stated that it will analyze the Korea Fair Trade Commission’s final verdict before deciding what to do next.
“Google makes substantial investments in the success of developers, and we respectfully disagree with the KFTC’s conclusions”, a spokesperson said.
Source: gadgets360.com
According to the South Korea Fair Trade Commission, the government’s attempts to promote fair markets are a component of the lawsuit against the US tech behemoth.
The antitrust regulator stated that other local companies were also impacted by Google’s conduct, including Netmarble, Nexon, & NCSOFT.
For preventing customizable copies of its Android operating system, Google was heavily fined by the KFTC in 2021 with a huge fine of over 200 billion won.
Top Indian entrepreneurs urged the nation’s competition authority to investigate Google, a few weeks ago for allegedly breaching an antitrust regulation by demanding a hefty service charge for in-app purchases, according to a document.
The Alliance of Digital India Foundation (ADIF) lawsuit was the newest confrontation between Google & Indian businesses, who have long blasted the US corporation for enforcing unfair business terms and conditions that disadvantage smaller competitors.
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“Google’s policy change of charging service fee even on transactions processed by third-party payment processors … has detrimental consequences for users and app developers,” the 15-page confidential March complaint by the Alliance of Digital India Foundation said.
Source: gadgets360.com
Google, which did not respond to inquiries, previously explained that the service charges fund investments within the Google Play app store as well as the Android operating system for smartphones, in order to ensure that it is distributed for free, and includes developer tools as well as analytic services.
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