Story perspectives
KCC fines Google and Apple KRW 63.7B over payments
By Drooid · · How we work
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Historical Context
- The EU’s competition policy, which blocked the GE-Honeywell merger in 2001 and later fined Microsoft, enabled the 2014 Commission to levy a €2.42 billion penalty on Google for tying its Search and Chrome apps to Android. A decade later, South Korea’s Korea Media and Communications Commission imposed a KRW 63.71 billion fine on Google and Apple, showing a global wave of platform-competition enforcement.
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