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S. Korean Regulator Sets Antitrust Fine on Google at 224.9 bln Won

S. Korean Regulator Sets Antitrust Fine on Google at 224.9 bln Won

SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has raised the fine slapped on Google over alleged anti-competition practices by 17.5 billion won (US$14.63 million) to 224.9 billion won. In mid-September, the Korea Fair Trade Commission (KFTC) decided to fine the global tech giant for forcing smartphone makers into only [...]

Google, Netflix and 3 Other Streaming Platforms Fined over Unfair Biz Activity

Google, Netflix and 3 Other Streaming Platforms Fined over Unfair Biz Activity

SEOUL, Feb. 13 (Korea Bizwire) — South Korea’s antitrust regulator said Sunday it has decided to impose a fine of a combined 19.5 million won (US$16,300) on Google, Netflix and three other video streaming services for their unfair business activity over paid subscription. Five over-the-top (OTT) media service providers — Google, Netflix, KT, LG Uplus [...]

Google Fined 207 bln Won for Anti-competition Practice in Mobile OS market

Google Fined 207 bln Won for Anti-competition Practice in Mobile OS market

SEOUL, Sept. 14 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to fine global tech giant Google 207.4 billion won (US$176.8 million) for pressing smartphone makers into only using its Android mobile operating system. Since 2016, the Korea Fair Trade Commission (KFTC) has been looking into Google over allegations it obstructed [...]

Facebook, Netflix Fined over Privacy Violations in S. Korea

Facebook, Netflix Fined over Privacy Violations in S. Korea

SEOUL, Aug. 25 (Korea Bizwire) — A South Korean watchdog on personal information protection on Wednesday fined major foreign platform service providers nearly 6.7 billion won (US$5.7 million) over privacy violations. The Personal Information Protection Commission meted out the penalty against Facebook, Netflix and Google and ordered them to fix the problems following its probe. [...]

Mercedes-Benz Korea Seeks Cancellation of Fine for Emissions Manipulation

Mercedes-Benz Korea Seeks Cancellation of Fine for Emissions Manipulation

SEOUL, Feb. 2 (Korea Bizwire) – Mercedes-Benz Korea has requested a Seoul court cancel a multibillion-won fine imposed on the company for manipulating diesel emissions in the country, judicial sources said Tuesday. The German carmaker filed a lawsuit against the environment ministry in October with the Seoul Administrative Court, seeking the cancellation of a 77.6 billion-won (US$69.3 [...]