Connect with us


South Korea fines Google for abusing smartphone advantage




(Bloomberg)-South Korea penalizes Alphabet Inc.’s Google for $ 177 million for disrupting the development of its Android operating system rivals, launching a campaign aimed at the US search giant’s dominance in smartphone software I continued.

Regulators have accused Google, whose mobile operating system powers more than 80% of smartphones around the world, using its immense bargaining power to put pressure on competition. The Korea Fair Trade Commission is Samsung Electronics Co. Google’s Anti-Fragmentation Agreement (AFA) with manufacturers such as LG Electronics Inc. and LG Electronics Inc. has prevented gadget makers from developing or using modified versions of the Android OS. Watchdog has banned Google from forcing manufacturers to sign AFA contracts and ordered them to modify existing contracts.

South Korea became the first country to pass a law requiring Apple Inc. and Google to open app stores to external payment systems in August, with the potential for profitable businesses from India to the United States. Set a radical precedent in. The bill will come into effect on September 14. , The Korea Communications Commission said in a statement. The 207.4 billion won fine on Tuesday is one of the highest fines in the country for abuse of market power, and only Qualcomm’s mobile chipsets are subject to higher sanctions.

Google said Android will accelerate innovation, including Korean companies, improve the user experience and appeal to decisions. The company said in a statement that the KFTC decision announced today ignores these benefits and undermines the benefits consumers enjoy.

Read more: Google, Apple forced to open app store payments by South Korea

KFTC’s new workaround aims to drive competition by allowing companies to create so-called forks of Android-a version built from the same basic components, but with different device classes and use. It has been modified to suit the manufacturer’s goals, such as targeting cases–without fear of punitive damages from Google.

The story continues

The Fairtrade Commission’s actions were not limited to mobile devices, but corrective actions included new smart device-related areas such as smartwatches and smart TVs, Jo Sung-wook said in a briefing on Tuesday. .. Therefore, new innovations are expected to occur as competitive pressure in this area increases.

South Korean regulators have stepped up surveillance of tech giants, including local players, this year. Kakao Corp.’s corporate group lost more than $ 16 billion in market value at some point this month after prominent legislators called the country’s largest messaging and social media service a symbol of greed. Consumer protection has been the focus of measures designed to curb the market control of large corporations, especially in development areas such as fintech services.

According to South Korean regulators, Google’s market advantage in the mobile space has solidified as a result of technology giants interfering with competitors. According to the committee, Inc. And Alibaba Group Holding Ltd. failed to launch the mobile operating system business, but Samsung and LG were unable to release devices such as smartwatches and speakers with new services on time due to Google’s interference.

Apart from this, KFTC is investigating Google and three other cases related to competitive restrictions in the Play Store app market, in-app purchases, and advertising market.

(Updated with Google statement in 4th paragraph)

Such stories are available at

Subscribe now to get the most trusted business news sources.

2021 Bloomberg LP




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]