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Sick Sun (sun@shitposter.world)'s status on Friday, 10-May-2024 20:25:45 JST Sick Sun @1br0wn > Wi said the picture in South Korea is complicated by the fact that in many online sectors the most dominant players are not the US Big Tech firms, but local platforms including Naver, Kakao and the US-domiciled ecommerce market leader Coupang. “South Korea can’t be as tough as the EU because it also needs to protect its local players,” Wi added
local monopoly good foreign monopoly bad-
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Ian Brown :fedi: (1br0wn@eupolicy.social)'s status on Friday, 10-May-2024 20:25:46 JST Ian Brown :fedi: ‘The move in Tokyo comes as officials in South Korea intend to introduce wide-ranging legislation to regulate online platforms, targeting ecommerce players to streaming services and social media providers. In Australia, watchdogs are pushing to widen the regime for online regulation into areas including digital payments.’
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Ian Brown :fedi: (1br0wn@eupolicy.social)'s status on Friday, 10-May-2024 20:25:47 JST Ian Brown :fedi: ‘The cabinet of Japanese Prime Minister Fumio Kishida recently approved landmark legislation aimed at preventing the largest online platforms from using their dominance in mobile software to thwart the entry of new rivals.
‘The rules — a narrower version of the EU’s sweeping Digital Markets Act — seek to offer more choices for consumers, such as by making it easier to switch between mobile operating systems and allowing users to download apps from other sources.’
https://on.ft.com/4ajcSbA
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