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TechInnovation. South Korean antitrust regulator fines Google $177M for abusing market dominance (Kate Park, TechCrunch)

The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in the Android operating system (OS) market.

The U.S. tech company has restricted market competition by prohibiting local smartphone makers like Samsung Electronics and LG Electronics from customizing their Android OS, through Google’s anti-fragmentation agreements (AFA), according to the antitrust regulator statement.

South Korean antitrust regulator fines Google $177M for abusing market dominance | TechCrunch