Google says it offers more than $10 billion in consumer benefits in S.Korea


FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo

SEOUL (Reuters) - Alphabet Inc's Google said on Wednesday its presence in South Korea equates to nearly 12 trillion won ($10.16 billion) in economic benefits for its users, as the U.S. tech giant faces increased scrutiny from regulators and politicians.

Google's announcement came a day after South Korea's antitrust agency fined Google 207 billion won for blocking customised versions of its Android operating system, in the company's second setback in the country in less than a month.

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