Tech sector laments new South Korean anti-monopoly legislation

New legislation proposed in South Korea’s National Assembly this week would disproportionately target U.S. companies and could violate the country’s trade obligations, a technology industry association said on Wednesday. “The disproportionate targeting of U.S. companies and a narrow focus on online services that U.S. companies provide in Korea is particularly inappropriate for a digital market as dynamic as Korea’s -- and where hobbling specific U.S. (and Korean) firms puts them at a competitive disadvantage,” the Computer and Communications Industry Association...