Towards a Competition Enabling Framework in Asia Pacific: Opportunities & Challenges – Korea Chapter

Korea Chapter Competition Law APAC Series

Below, we have provided the full transcript of the panel discussion, The Future of Mobile Ecosystems: Enabling a Choice for Market Players & Consumers in Korea, from the second chapter of our series, Towards a Competition Enabling Framework in Asia Pacific: Opportunities & Challenges.

Hwang LEE Speaker

Hwang LEE:

How are you? I’m very happy to moderate this interesting session. First of all, I’d like to thank CPI and staff for organizing this wonderful event. Today we are going to discuss the topic about the future of mobile ecosystems, the dominance of market players, and customers in Korea. The world entered the Mobile Era with the introduction of the iPhone in 2007. Growth has been made since in all fields of both hardware and software. Many participants, such as app developers, mobile service providers, and end consumers, have been forming our mobile ecosystems. Such mobile ecosystems have provided more opportunities for businesses, as well as more choices to consumers. All these have been possible through more innovations, which in turn, have led to more innovations The reason that made such win-win situations possible is because the dynamic competition mechanism was driving the market However, lately, many are pointing out that the overall speed of such innovations and changes is slowing down. These voices of criticism manifest themselves as many legal conflicts or executions of competition laws against the major mobile business entities such as Google and Apple

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