Korea Regulator Seeks to Defuse Fears Over Tech Crackdown

The video discusses the policy goals of regulators amid a global crackdown on big tech. It highlights the actions taken by the US, China, and South Korea, with a focus on South Korea's moderate approach to regulating both domestic and foreign tech companies. South Korea aims to balance regulation with innovation, targeting monopolies by companies like Apple, Google, Kakao, and Naver to support smaller businesses.

Which country has made significant progress in regulating big tech by acting unilaterally?

• United States

• India

• China

• South Korea

What is South Korea's main goal in regulating tech companies?

• To impose heavy fines on all tech companies

• To support only domestic tech giants

• To completely ban foreign tech companies

• To balance regulation with innovation and growth

How does South Korea's approach to tech regulation differ from that of the US?

• South Korea focuses only on foreign companies

• South Korea imposes stricter bans on all tech companies

• South Korea does not regulate tech companies at all

• South Korea aims for a moderate approach allowing room for innovation

Which two foreign companies did South Korea take action against by forcing them to open up their app stores?

• Microsoft and Amazon

• Apple and Google

• Facebook and Twitter

• Samsung and LG

What is one of the reasons South Korea is regulating domestic tech companies like Kakao and Naver?

• To shut them down completely

• To merge them with foreign companies

• To reduce high fees for smaller merchants

• To increase their market share