South Korea Fines Google $32 Million for Anticompetitive App Store Practices

South Korea fined Alphabet Inc.’s Google the equivalent of about $32 million for abusing its global market dominance to thwart a local rival, in the latest regulatory challenge to the U.S. technology giant’s control over the mobile app ecosystem. Google’s tactics to block the growth of rival app marketplace One Store Co. amounted to anticompetitive practices, South Korea’s Fair Trade Commission said.