A almost $ 32 million punishment was imposed on Google for monopolizing power in South Korea.

 

Alphabet Inc., the parent company of Google, was recently penalized $31.99 million by the South Korean antitrust authority for abusing its monopoly over video game developers. transmitted on its primary online platform. This is based on information published by Reuters on April 11, 2023.

According to the Korean Trade Fair Commission (KFTC), Google has increased its market domination and harmed several local app industries. Since June 2016 to April 2018, the Korean digital giant ONE Store Corp., which is renowned as the country's leading game and game content producer, has been affecting Google Play's income and price. Other game businesses including Netmarble, Nexon, and NCSOFT are also subject to Google's exclusive authority to prohibit in addition to the ONE Store. 

Additionally, several smaller gambling businesses have added to the problem.

According to the KFTC, the government's action against the US tech giant was an effort to guarantee a fair market.

The South Korean fine has not yet received a response from Google, but a spokeswoman for the company stated: "Google has heavily invested in the success of the developer and we do not agree."Honor the KFTC's