35
submitted 7 months ago by m1tank@lemmy.world to c/world@lemmy.world

WASHINGTON, Jan. 29 (Yonhap) -- The U.S. Chamber of Commerce expressed concerns Monday over South Korea's proposed regulations aimed at preventing unfair market activities by major online platform businesses.

Charles Freeman, senior vice president for Asia at the U.S. Chamber, issued a statement opposing Seoul's push for the rules designed to step up oversight over market-dominant players to ensure fair competition.

Industry watchers forecast that major platform operators, including Naver, Kakao, Google and Apple could be subject to the rules should they be enacted.

top 8 comments
sorted by: hot top controversial new old
[-] Arete@lemmy.world 52 points 7 months ago

Fun fact: the US Chamber of Commerce is not a government agency. It's just a private (nonprofit) business that loves to be confused with one.

[-] ourob@discuss.tchncs.de 26 points 7 months ago

More specifically, it’s a lobbying group.

[-] Viking_Hippie@lemmy.world 14 points 7 months ago

Officially non-profit but in reality wholly dedicated to maximizing the profits of hectomillionaires, billionaires and their corporations.

[-] robocall@lemmy.world 19 points 7 months ago

Who gives a fuck about the US chamber of commerce?

[-] aniki@lemm.ee 4 points 7 months ago

If they are squirming it means the regulations have teeth.

[-] Viking_Hippie@lemmy.world 13 points 7 months ago* (last edited 7 months ago)

The U.S. Chamber of Commerce expressed concerns over proposed regulations aimed at preventing unfair market activities by major businesses

In other news, mountains are tall and the Pacific Ocean is large.

As a side note, it's extremely on brand for the senior vp for Asia of a right wing group to be an aggressively white dude named Freeman 😂

[-] Marsupial@quokk.au 7 points 7 months ago

Fuck Kakoa with a rusty fork.

[-] Viking_Hippie@lemmy.world 2 points 7 months ago

And the rest of them too.

this post was submitted on 30 Jan 2024
35 points (92.7% liked)

World News

38578 readers
2297 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS