Google’s parent firm has been made to cough up some $177 million by a South Korean antitrust regulator, accusing the company of abusing its dominant position in the market and hampering industry competition. The $176.64 million (207 billion won) fine was imposed by South Korea’s Fair Trade Commission (KFTC) on Tuesday, having launched a probe into the tech giant back in 2016 over suspicions it had prevented local affiliates from using operating systems developed by rival firms. The regulator said Google had obstructed free competition and exploited its market dominance through “anti-fragmentation agreements” (AFAs) with companies that
Hence then, the article about south korean regulator slaps google with 177mn fine for antitrust violations abusing market dominance was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( South Korean regulator slaps Google with $177mn fine for antitrust violations & abusing market dominance )