Google’s South Korean penalty highlights innovation concerns; momentum builds for US anti-graft laws

MLex Market Insight

Google’s clash with South Korea’s antitrust enforcer over allegations the search giant engaged in abuse of dominance against smart-device markers in the Android operating-system market isn’t over yet: Google is set to appeal the $176 million fine it received from the Korea Fair Trade Commission. Yet the landmark penalty has set the tone for the regulator’s clash with digital platforms over concerns they are stifling innovation on smart devices. Also on today’s podcast: Stars align in the US Congress over anti-corruption laws, with bipartisan support for the slate of bills now being considered.