South Korea's proposed platform law could cost U.S. states $525B over the next decade, model estimates

South Korea's proposed Online Platform Fairness Act could lead to a $525 billion economic loss for U.S. states over the next decade, with significant impacts on California, Texas, New York, and Washington. The law, supported by President Lee Jae-myung and the Korea Fair Trade Commission, faces criticism from U.S. officials who argue it unfairly targets American companies and aligns South Korea with China.