In the rapidly evolving digital landscape, South Korea stands at a crucial juncture. As the nation considers new regulatory measures to address the growing influence of digital platforms, it is vital to carefully weigh the potential long-term impacts of these decisions. While the desire to ensure fair competition and protect consumers is understandable, we respectfully suggest that the Korean government adopt a market-based approach that prioritizes innovation, consumer choice and the country’s continued leadership in global technology.

Some governments, such as those in the European Union, have quick wins by implementing regulations that seem to open up platforms or dismantle walled gardens. However, it is worth noting that EU countries are not at the forefront of developing consumer technology. These short-sighted measures may have unintended consequences, especially in a sector propelled by rapid technological advancements. For instance, artificial intelligence (AI) is set to revolutionize the tech........

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