South Korea’s Antitrust Regulator Fines Google $177 Million For Abusing Mobile Market Dominance

  • Posted on September 14, 2021
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  • By FC Team
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South Korea’s competition regulator on Tuesday announced it will fine Google 207.4 billion Korean won ($176.9 million) for allegedly using its dominant market position in the mobile operating system space to stifle competition.Google’s Android operating system currently holds the lion’s share of the smartphone market, ahead of Apple’s iOS platform.The U.S. tech giant allegedly used its market position to block smartphone makers like Samsung from using operating systems developed by rivals, according to the Korea Fair Trade Commission.Yonhap News added that the regulator, which published its decision in Korean, said the tech giant required smartphone makers to agree to an “anti-fragmentation agreement (AFA)” when signing key contracts with Google over app store licenses and early access to the operating system..cnbc.com

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