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 [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s antitrust regulator said Sunday it has decided to fine Mercedes-Benz 20.2 billion won (US$16.87 million) for falsified information on gas emissions of its diesel cars and ordered it to take corrective actions. Mercedes-Benz was found to have tampered with pollution mitigation devices by installing illegal software in [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to impose a combined fine of 96.2 billion won (US$80.7 million) on 23 Korean and foreign shippers for their 15-year-long collusion to fix freight rates. Since 2018, the Fair Trade Commission (FTC) has been looking into allegations that the country’s [...]
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 [...]
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. [...]
SEOUL, May 11 (Korea Bizwire) — Unlicensed drivers of electric scooters and other personal mobility devices will face a fine of 100,000 won (US$89) starting Thursday amid growing concerns about their safety, police said. The National Police Agency said Tuesday that under the amended Road Traffic Act, which takes effect Thursday, riders will be required [...]
SEOUL, March 9 (Korea Bizwire) — An increasing number of people fined for driving under the influence or committing violence are asking to pay in installments or delay payment altogether. The Ministry of Justice reported a 44.4 percent increase in the number of requests to pay fines by installment last year. Requests to delay payment [...]
SEOUL, Feb. 11 (Korea Bizwire) — With new animal protection laws coming into effect this Friday, owners of fierce dogs will now be obligated to get liability insurance, the Seoul city government said. Any violation will be punished by a fine of up to 3 million won (US$2,700). South Korea categorizes Tosas, American pit bull [...]
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 [...]
SEOUL, Jan. 19 (Korea Bizwire) — False reports to 119, the fire and ambulance emergency number, will soon be punished by higher fines. The National Fire Agency announced that new regulations will come into force this Thursday. The new regulations will penalize false emergency reports with a 2 million won (US$1,810) for an initial violation, [...]