Google’s Business Practices Being Investigated In Argentina and South Korea
Google’s business practices are currently being investigated by the government in South Korea and Argentina according to a regulatory filing from the company.
“The Argentinian Competition Commission notified us that they are conducting a preliminary inquiry into our search and search advertising services, and we are of course happy to answer their questions,” said Google in an e-mailed statement to Bloomberg. The Korean probe is an ongoing inquiry that started last year.
Argentina started investigating Google in November 2010 to determine if they had a dominant position in the online search and advertising market, which could cause an adverse effect on the competition.
Google’s office in Seoul, South Korea was raided by antitrust regulators as part of a probe into whether Google unfairly blocked competitors in the mobile search market. Complaints were filed by Daum Communications and NHN Corp., two of the largest Internet search companies in South Korea.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry