Apple paid 100 billion, won in settlement fee, and reached a settlement with the South Korean government on anti-monopoly

According to Korean media reports, the Korea Fair Trade Commission has recently formally approved Apple's settlement proposal regarding the antitrust investigation. Apple will pay 100 billion won (approximately 600 million yuan) for rectification, and South Korea will exempt the accusation against Apple.

　　In the 12 years since Apple entered the Korean mobile phone market, mobile operators are required to pay for TV advertising fees, store display fees, repair fees, and other expenses. Among them, the advertising expenses alone are as high as 270 billion won (about 1.5 billion yuan). ), which has also attracted the attention of South Korean regulators.

　　In 2016, the Korea Fair Trade Commission began an investigation into Apple on the grounds of the suspected monopoly of market transactions. In the end, Apple said it agreed to rectify its operations in South Korea without accepting its accusations.

　At present, Apple has proposed a corresponding rectification plan and will pay 100 billion won to support the small business, education, and consumer markets. Among them, 40 billion won is used to build a research and development center, and 25 billion won is used to provide consumers with a 10% discount on iPhone repair and warranty. Another 25 billion won will be used to establish education centers for training ICT developers, and the remaining 10 billion won will be used to support digital education in schools and public facilities.