• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Google fined $177 million in South Korea

4 years ago
in Business, highlights, Home, home-news, latest News, Technology
2 min read
0 0
0
62
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Google fined $177 million in South Korea

A South Korean antitrust regulator has fined Alphabet Incorporated’s Google $176.64 million for blocking customized versions of its Android operating system (OS), but Google is gearing up to challenge the fine.

This is the second setback for the US tech giant in less than a month, following a US$593 million fine in France recently for using news content without proper negotiation with publishers and news companies.

The Korea Fair Trade Commission (KFTC) ruled that terms Google has with device makers amounted to the abuse of Google’s dominant market position that restricted competition in the mobile OS market.

Google’s mobile operating system powers more than 80 percent of smartphones around the world.

But Google said in a statement it intends to appeal. It said the ruling ignores the benefits offered by Android’s compatibility with other programs and undermines advantages enjoyed by consumers.

The fine, one of the highest levied in South Korea over abuse of market dominance, came on the same day an amendment to South Korea’s Telecommunications Business Act – popularly dubbed the “anti-Google law” – came into effect.The law now bans app store operators such as Google from requiring software developers to use their payment systems – a requirement that effectively stopped developers from charging commissions on in-app purchases.

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

A US district court last week gave a similar ruling against Apple quashing an App Store rule that compelled developers to receive payments only via Apple’s payment platform so Apple could charge a 30% fee.

Read: World Bank Group to discontinue ‘Doing Business’ report 

KFTC said Google hampered competition by making device producers abide by an “anti-fragmentation agreement (AFA)” when signing key contracts with it regarding app store licenses.

Under the AFA, manufacturers could not equip their handsets with modified versions of Android, known as “Android forks”. That has helped Google cement its market dominance in the mobile OS market, the KFTC said.

The watchdog banned Google from forcing manufacturers to sign AFA contracts and ordered that it modify existing ones.The new measures from the KFTC are intended to spur competition by freeing companies to create so-called Android forks without fear of punitive measures from Google.

The regulator said the fine could be the ninth-biggest it has ever imposed.

In 2013, Samsung Electronics Co Ltd launched a smartwatch with a customized OS, but switched to a different OS after Google regarded the move as an AFA violation, KFTC said.

Samsung Electronics declined to comment.

Korean regulators have stepped up scrutiny of tech giants this year, including local players. Kakao Corp’s group of companies lost more than $16 billion of market value at one point this month after prominent lawmakers called the nation’s biggest messaging and social media service “a symbol of greed”.

Consumer protection has been a focal point of measures designed to curb the market control powers of the largest companies, especially in developing spheres such as fintech services.

Tags: Google fined $177 million in South KoreaKorea Fair Trade Commission (KFTC)South Korean antitrust regulator
No Result
View All Result

Highlights

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.