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

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South Korea Fines Google $32 Million for Squeezing Out Local Rival
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Google is fined $32 million in South Korea for abusing its global market dominance to thwart a local rival, in the latest regulatory challenge to the company’s control over the mobile app ecosystem

SEOUL—South Korea fined Alphabet Inc.’s Google the equivalent of about $32 million for abusing its global market dominance to thwart a local rival, into the U.S. technology giant’s control over the mobile app ecosystem.

Google’s tactics to block the growth of rival app marketplace One Store Co. amounted to anticompetitive practices, South Korea’s Fair Trade Commission said Tuesday. Game companies were induced to release their apps exclusively onto the Google Play store in exchange for favorable promotion on the platform and support for launching their products overseas, the regulator said.

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