172 South Korea fined Alphabet Inc.’s Google 42.1 billion won ($32 million) for using its clout in the mobile app market to squeeze out a rival, as scrutiny intensifies on the software giant’s bid to expand its global reach. Google tried to block Korean platform rival One Store Co.’s business development, Korea’s Fair Trade Commission said. Google allegedly asked Korea’s major game companies including NCSoft Corp. and Netmarble Corp., as well as smaller firms and Chinese companies, to exclusively release their new games in Google’s Play Store, in return for Google promoting their games and providing further support abroad. You Might Be Interested In Truist Finalizes Sale of Truist Insurance Holdings and Executes Strategic Balance Sheet Repositioning Insurance CIOs Embrace Non-Traditional Assets, Says KKR’s Henry McVey Lam Research Unveils Innovative Deposition Technique for Next-Generation MEMS In-line Forwarder maximizes seller success through China to PHL new service Walmart Implements Autonomous Forklifts in Distribution Centers Robinhood CEO Affirms the Endurance of Payment for Order Flow
