
The nominee to lead South Korea’s antitrust watchdog said she would look closely into unfair business practices related to information and communication technologies amid the emergence of online platforms and big data.
“In order to back the innovative ecosystem in line with new economic trends, such as the development of the digital economy and the growth of platform companies, antitrust authorities are required to approach the industry with a balanced perspective,” Joh Sung-wook told reporters during a press briefing Tuesday, August 27, ahead of her parliamentary hearing, which may take place in September.
“As for the unfair practices of representative companies in the ICT area, including Google, Apple and Naver, we will make progress through close reviews to promote market innovation,” Joh said.
Full Content: Korea Herald
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