South Korea Fines Google $32 Million for Squeezing Out Local Rival

South Korea fines Google $32 million for anticompetitive practices against local app marketplace One Store Co., inducing game companies to exclusively release apps on Google Play store. Google denies violating the law.

April 12, 2023 . 9:41 AM

1 min read

South Korea fines Google $32 million for anticompetitive practices against local app marketplace One Store Co.
Google allegedly induced game companies to release their apps exclusively on Google Play store in exchange for promotion and overseas support.
Google's tactics led to its mobile app market share in South Korea rising from 80% to 90% at the expense of One Store.
The South Korean FTC orders Google to create an internal monitoring system to ensure similar practices don't recur and to report the results to the regulator.
Google denies violating the law and plans to review the decision to evaluate its next course of action.