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Google fined $176.64 million by Korea Fair Trade Commission for abusing market dominance

Shortpedia

Content Team
Image Credit: Shortpedia

South Korea's antitrust regulator Korea Fair Trade Commission has imposed a fine worth 207 billion won ($176.64 million) on Alphabet's Google. The Korean agency has accused Google of abusing its dominant market position to restrict competition in the market of mobile operating systems. The leading tech firm was investigated by the agency for allegedly stopping local smartphone makers from using other operating systems.