The Korea Fair Trade Commission (KFTC) has established a division in charge of digital advertisements under its ICT team to better investigate alleged unfair business practices by online platform operators in digital ads.
The regulator has been investigating whether Google has abused its market-dominant status with its new billing policy. Google earlier announced a plan to charge a 30 percent fee to all app developers over in-app digital content purchases in South Korea.
The new division, which would be under the ICT team, will probe whether platform operators prohibit app developers and other contractors from running ads on their competitors when they provide services. It would look into the alleged illegal collection of user data.
The ICT team has mainly conducted probes into alleged competition-hampering activities by online platform operators. It has four divisions, including those on app markets and online to offline platforms.
The KFTC will also take a deeper look into alleged unfair business practices involving in-app digital goods purchases to better protect app developers and consumers.


Yen Extends Gains as BOJ Rate Hike Bets Rise
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan
Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability
Global Markets Brace for Fed Rate Hike as Oil Tops $91
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation
Australia GDP Beats Forecast, Boosting RBA Rate Hike Bets
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China
China Services PMI Beats Forecasts as Domestic Demand Improves
South Korea Inflation Rises to 3.1% in August
Bessent Urges Japan on Fiscal Discipline, BOJ Rate Hikes
Google Changes EU Spam Policy Amid Antitrust Scrutiny
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks
Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike 



