South Koreas anti-monopoly watchdog imposes $177 million fine on Google

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South Koreas antitrust watchdog has fined Google 207 billion won ($176.64 million), saying the US tech giant abused its market weight to restrict competition in the mobile operating system market, CNBC reported.

South Koreas Fair Trade Commission has investigated Google’s accusations that it prevented local smartphone makers from customizing its Android operating system.

The fine is Google’s latest antitrust setback, as earlier this month Parliament passed a bill to ban major app store operators like Google from forcing developers to use their payment systems, effectively preventing developers from Charge a commission on in-app purchases.



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