regulator-music industryFTC fines top music copyright group for unfair practices SEOUL, July 26 (Yonhap) -- South Korea's antitrust regulator on Wednesday slapped a fine of 340 million won (US$266,000) on a major music copyright association for abusing its market dominance by overcharging broadcasters and hindering the competition. The measure on the Korea Music Copyright Association (KMCA) came as it charged excessively high fees on the country's 59 broadcasters, disrupting its rivals' business as well, the Fair Trade Commission (FTC) said.

https://n.news.naver.com/mnews/article/001/0014092448?sid=104

#naver