Online Platform Fairness Act
Coverage of Online Platform Fairness Act in the Nexus archive.
- 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.
- 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 result in a $525 billion economic loss for U.S. states over the next decade, according to a Competere Foundation model. The legislation, backed by President Lee Jae-myung, faces criticism from U.S. lawmakers who allege it unfairly targets American companies and aligns South Korea with China.