S. Korea fines Google for violating competition rules

Tuesday, 14. September 2021 06:43

The South Korea Fair Trade Commission (KFTC) fined on Tuesday Alphabet Inc.'s Google 207.4 billion won or $177 million for allegedly violating the country's rules of fair competition.

Analyzing the tech giant's cooperation with companies such as Samsung Electronics Co. and LG Electronics Inc., the KTFC found that Google forced other firms that manufacture gadgets to sign its anti-fragmentation agreements (AFA) to prevent them from developing their own operating systems (OS) and thus challenge Android.

"The KFTC's decision released today ignores these benefits, and will undermine the advantages enjoyed by consumers," Google responded in a short statement.

Related Links: Alphabet Inc.
Author:
Breaking the News / JR