Why South Korea Should Resist New Digital Platform Laws
ITIF·2024-12-09 01:38
Why South Korea Should Resist New Digital Platform Laws LILLA NÓRA KISS | DECEMBER 2024 Policymakers in South Korea are weighing a raft of digital market provisions inspired by the EU's Digital Markets Act. Their goal is to rein in allegedly anticompetitive practices by Big Tech firms. But the proposed interventions are unwarranted and risk harming innovation, straining relations with the United States during uncertain times, and opening the door to China. KEY TAKEAWAYS South Korea aims to protect small fir ...