South Korea’s antitrust regulator has fined Alphabet Inc’s (GOOGL.O) Google 42.1 billion won ($31.88 million) for blocking the release of mobile video games on a competitor’s platform.
The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app market One Store’s revenue and value as a platform, by requiring video game makers to exclusively release their titles on Google Play in exchange for providing in-app exposure between June 2016 and April 2018.
In 2021, Google was fined more than 200 billion won by the KFTC for blocking customised versions of its Android operating system.
($1 = 1,320.4200 won)
Monopoly for the monopolists is starting to break down