"Google analysed that the launch of a competitive and comprehensive app market, One Store, will have a major impact on its sales in South Korea," the FTC said. One Store is a major homegrown app market launched in January 2016 by South Korea's three mobile carriers, along with Naver Corp, reports Yonhap news agency. The punishment came as the U.S.-based global tech giant made shady agreements with South Korean mobile game companies between June 2016 and April 2018, banning them from releasing their content on One Store, according to the Fair Trade Commission (FTC). Seoul:South Korea's antitrust regulator on Tuesday slapped a fine of 42.1 billion won (more than $31.8 million) on Google and its regional arms for unfair business practices aimed at solidifying its dominance in the Korean mobile gaming app market.
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