platform

March 9 (Asia Today) — Guest commentary contributed to Asia Today by Park Ki-soon, Professor, Graduate School of Chinese Studies, Sungkyunkwan University.

Debate over platform regulation has been intensifying in South Korea. A prominent example is the proposed Online Platform Act (OPA). The bill includes provisions such as commission caps, a prior designation system, collective bargaining rights and class-action lawsuits – all framed as measures to protect merchants and ensure fair competition.

The intention itself is not necessarily misguided. Information asymmetry and unequal bargaining power do exist within the platform ecosystem. However, before deciding what to regulate, policymakers must carefully consider how regulation should be implemented. Good intentions do not always produce good outcomes.

The European Union (EU) enacted the Digital Markets Act (DMA) in 2022 and designated six companies – including Alphabet, Apple and Meta – as “gatekeepers,” subjecting them to strict ex-ante regulations. The law was introduced with the stated goal of promoting competition and protecting consumers.

Yet less than three years later, research is suggesting outcomes quite different from what policymakers expected.

A study examining 3,500 consumers in seven Central and Eastern European countries found that user behavior on Google and Facebook remained largely unchanged after the DMA took effect. Competition did not increase, while the complexity of online tasks rose by 39%.

Another study analyzing 4.1 million apps in the Google Play Store estimated that after the General Data Protection Regulation (GDPR) was implemented, one-third of all apps disappeared, the number of new apps was cut in half and consumer surplus declined by roughly one-third. Venture investment and startup formation also slowed significantly.

Commission caps have produced similarly disappointing results. After Apple lowered App Store fees in the EU, only 9% of apps reduced prices for consumers. Meanwhile, more than 86% of the fee savings flowed to developers outside the EU.

Rather than effectively restraining large corporations, platform regulations have often increased barriers to entry for smaller firms. In other words, regulations intended to curb market dominance may ironically end up protecting incumbent giants by making it harder for new competitors to enter.

South Korea faces an even more delicate situation than the EU.

In the search engine market, Naver and Google dominate, while KakaoTalk has become the country’s national messaging platform. Korean cultural content spreads globally through platforms such as YouTube and Netflix, and cosmetics exports reached $11.4 billion in 2025.

Except for China – which restricts foreign platforms – South Korea is often considered the world’s most platform-independent digital ecosystem. At the same time, this ecosystem is deeply interconnected with global platforms.

Under these circumstances, poorly designed regulations could also affect foreign investment by companies such as Netflix and Amazon Web Services (AWS) in Korea.

There are also diplomatic risks. The United States has expressed concern that the OPA’s prior designation system could disproportionately target American companies and potentially violate the non-discrimination principle under the Korea-U.S. Free Trade Agreement.

Washington has already criticized the EU’s DMA as a non-tariff barrier targeting U.S. Big Tech and has hinted at possible retaliatory measures. A similar dispute could arise if Korea adopts comparable regulatory frameworks.

Another concern is that excessive regulation could inadvertently benefit Chinese platforms.

Chinese e-commerce services such as AliExpress and Temu are already rapidly expanding their presence in the Korean shopping app market. If both domestic and global platforms are tightly constrained while Chinese platforms remain largely unaffected, the result would be the exact opposite of what regulators intend.

South Korea has previously fallen behind China in areas such as online banking due to a “regulate first, innovate later” approach. That experience should serve as a cautionary lesson.

Platform policy must be approached with prudence. Regulations designed without sufficient consideration of market dynamics risk doing more harm than good – weakening innovation, discouraging investment and ultimately undermining the very ecosystem they aim to protect.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260309010002423

Live Nation has reached a settlement with the Justice Department in an antitrust case that put the entertainment giant at risk of being separated from Ticketmaster.

The ticket vendor’s settlement offer was announced, in a court hearing on Monday, less than a week after the long-awaited trial began. With pending approval from the judge, Live Nation will have to pay damages to the suing states and allow competitors to sell tickets on its platform. Media reports have said the company agreed to pay more than $200 million as part of the settlement.

The settlement caught Judge Arun Subramanian off guard. He said no one informed him of the tentative deal until late Sunday, even though a term sheet for a possible settlement was signed on Thursday, according to the Associated Press.

A 12-person jury was seated last Tuesday in a Manhattan federal courthouse and the trial had reached witness testimony by the end of last week. The complaint was filed in 2024, when the federal government, 39 states including California and the District of Columbia, alleged that Live Nation and Ticketmaster have monopolies in various aspects of the live music industry, such as concert promotion, venue operations, artist management and ticketing services.

Live Nation could not immediately be reached for a comment.

Many of the large monopoly claims were thrown out during a pretrial hearing last month, including an allegation that Live Nation’s industry power raises ticket prices and harms consumers. But the new settlement offers major structural changes to the company’s ticketing services.

If the trial judge approves the settlement, the Beverly Hills-based company will have to open parts of its platform to rival ticketing operators. This means third-party sellers like SeatGeek could list tickets and have access to Ticketmaster’s technology.

Another key claim in the lawsuit concerned Ticketmaster’s alleged exclusivity contracts, which required artists who booked Live Nation-owned venues to also use its ticketing services. The settlement now limits these contracts to four years and allows venues to place a number of its tickets on competing platforms.

The original lawsuit also argued that Live Nation manages more than 400 artists and controls more than 265 venues in North America — all while Ticketmaster simultaneously controls around 80% of the primary ticket marketplace and is increasing its involvement in the resale market. Under the pending legal agreement, Live Nation would have to divest more than 10 of its venues and Ticketmaster would also have to cap service fees at 15%.

Serona Elton, attorney and interim vice dean at the University of Miami’s Frost School of Music, said this outcome can be understood in two ways — it’s either a win that addresses anti-competitive behaviors or a deal that does not go far enough.

“It is important to understand that it is not illegal to be a monopoly and control a large portion of the market,” said Elton in a statement. “What is illegal is the use of anti-competitive tactics. In analyzing the settlement, the question to ask is if it does enough to address the alleged tactics and the harm they may have caused.”

Elton added that venues could benefit from these adjustments, but “music fans should not think this is going to bring ticket prices down to an affordable level as there are other causes behind the sky-high ticket prices.”

Stephen Parker, the executive director of the National Independent Venue Association, similarly expressed some skepticism about the potential settlement.

“The reported settlement does not appear to include any specific and explicit protections for fans, artists, or independent venues and festivals,” he said in a statement.

“Reported details also indicate that ticket resale platforms could be further empowered through new requirements for Ticketmaster to host their listings, which would likely exacerbate the price gouging potential for predatory resellers and the platforms that serve them,” Parker added . “If these facts are true, NIVA views this as a failure of the justice system.”

A settlement could mark the potential end to one of the major legal battles Live Nation is facing. The company is also being sued by the Federal Trade Commission and is dealing with a handful of class-action lawsuits from groups of concertgoers.

After the news of the settlement broke, Live Nation’s stock jumped over 5% to $164.03.

Netflix has added the acclaimed thriller series to its collection, eleven years after the TV show finished up, with all seven seasons now available to binge

Netflix has welcomed a gripping thriller to its library, more than a decade after the television series wrapped up. The streaming giant revealed to subscribers that every season of The Mentalist, headlined by Simon Baker, would be landing on the platform.

Having arrived on Netflix on Sunday, March 1, long-time devotees of the programme can now devour all episodes at their leisure. For enthusiasts of police procedurals searching for their next marathon-worthy series, there are seven full seasons to explore.

Should you be new to the programme, viewers follow the journey of independent consultant for the California Bureau of Investigation, Patrick Jane (Baker). Jane has built a name for himself through unorthodox and unusual investigative techniques, combined with a disregard for standard procedure. Oh, and he also claimed to be a psychic.

Whilst the “psychic” element may be bogus, Jane possesses razor-sharp observational abilities and an exceptional understanding of human psychology to crack cases, reports the Express.

Beyond collaborating on investigations with law enforcement, he exploits his connections within the CBI to track down the mysterious serial killer Red John, who brutally killed his wife and daughter – a storyline forming the backbone of much of the series. Yet his quest for justice isn’t always straightforward.

The debut season appeared to split critics, though it’s lauded for featuring “all of the key components of the perfect crime investigation series,” according to the Pittsburgh Post-Gazette.

The final series, which broadcast in 2015, achieved an 83 per cent overall score on Rotten Tomatoes. Jeff Jensen wrote for Entertainment Weekly about the concluding season: “That hard-working bunch earned their party. I think the show honored the fans who stuck with it and by it. On a personal note:

“My late wife-who loved The Mentalist, who turned me onto the show, who found the show easy to forgive and enjoy after the disappointment of the Red John denouement-would have been very pleased.

“I enjoyed it on her behalf and chose to take the story’s conclusions, as easy and sentimental as they may have been, as a challenge to hope and optimism for a better tomorrow. Jane and Lisbon, thank you for that gift.”

Darragh McManus wrote for The Guardian: “Funny, thoughtful and intricately plotted, The Mentalist is one of the best things to appear on TV in a long time.”

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March 4 (Asia Today) — Hyundai Motor and Kia said Tuesday they have launched an industry partnership to accelerate commercialization of their mobile robot platform MobED and expand a broader ecosystem for customized robotic solutions.

The automakers said they held a launch ceremony for the MobED Alliance at the 2026 Smart Factory and Automation Industry Exhibition at COEX in Seoul and began domestic sales of MobED.

The alliance includes Hyundai Motor and Kia’s Robotics Lab, parts suppliers such as Hyundai Transys and SL, robotics solution firms including LS Tira U-Tech and Gaon Robotics and related organizations including the Korea AI and Robotics Industry Association, the companies said.

Hyundai Motor and Kia described the alliance as a multi-party cooperation framework designed to meet demand for robot solutions that can be deployed quickly in industrial settings.

MobED is a compact mobile platform built on four independently driven Drive-and-Lift mechanisms in an eccentric structure designed to improve mobility on uneven ground, the companies said. The platform can be paired with different “top modules” for tasks including logistics delivery, patrol operations, research and video production.

Hyundai Motor and Kia said they plan to move beyond selling MobED as a stand-alone platform and instead work with specialized partners to provide complete, industry-specific solutions, targeting business-to-business and business-to-government markets.

Under the partnership model, Hyundai Motor and Kia’s Robotics Lab will provide the platform and core technologies, parts suppliers will provide components such as sensors, electronic systems and batteries and solution companies will handle deployment and services at worksites. Related institutions will support testing and adoption environments, the companies said.

The automakers said solution firms plan to develop 10 types of industry-specific top modules, including modules for logistics delivery, drone stations for patrol missions and advertising signage.

Hyun Dong-jin, head of Hyundai Motor and Kia’s Robotics Lab, said MobED will evolve into more advanced robotic solutions through the alliance and the companies will work with partners to expand what he called a “physical AI” ecosystem.

Hyundai Motor and Kia said MobED won a best innovation award in the robotics category at CES 2026 in January and the companies plan to expand applications that combine intelligent software and hardware in industrial settings.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260304010001126

Venezuela has been going through an unprecedented political transformation(?) since the extraction of Nicolás Maduro. All political stakeholders will try to pitch the possible outcome  according to their respective interest: the Trump administration will say that it’s going fantastic; the Rodriguez regime will try to appear independent and in control; Team Machado will push for the full restoration of political rights; smaller actors like Enrique Marquez will try to conquer their own space; and the people will need to have proper tool, amid a sea of misinformation, to try to navigate between confusion and uncertainty.  

Media outlets like Caracas Chronicles are doing our best to reduce such uncertainty, but there are new initiatives sprouting everywhere, such as the one that friend of the blog Pablo Hernández Borges is leading with a team of researchers and technologists. Umbral (umbral.watch), defined as “a free, open-source analytical platform for monitoring and documenting Venezuela’s regime transformation in real time,” allows anyone with an internet connection to contribute, as follows: 

• Scenario Analysis with Citizen Participation. Five evidence-based trajectories for Venezuela’s political future, from full autocratization to complete democratic consolidation. Any person can rate the probability of each scenario on a 1 (least likely) to 5 (most likely) Likert scale. Results are disaggregated by profile and aggregated in real time, visible to all on the platform’s landing page.
• Citizen News Evaluation. Every article in the news feed can be voted on by users, who link it to whichever of the five scenarios they believe it signals. 
• Historical Trajectory. A V-Dem-style democracy index spanning 1900–2024, mapping four major regime transformation episodes in Venezuela’s history (like Pablo did in this piece).
• Political Prisoners Tracker. Arbitrary detention statistics with demographic breakdowns, sourced from leading Venezuelan human rights organizations.
• Internet Connectivity Monitor. Real-time IODA (Georgia Tech) data on BGP, Active Probing, and Network Telescope signals, both nationally and across all 25 Venezuelan states, visualized through a choropleth map and horizon heatmap.
• GDELT Media Signals. Daily-archived instability index, media tone, and article volume from the Global Database of Events, Language, and Tone, annotated with key political events.
• Fact-Checking Feed. Curated posts from three Venezuelan fact-checking accounts: @cazamosfakenews, @cotejoinfo, and @Factchequeado.
• Interactive Timeline. Democratic Episodes Event Dataset (DEED) with bilingual (Spanish/English) events.
• Reading Room. A curated archive of books, academic articles, investigative journalism, and reports on Venezuela.
• Prediction Markets. A Polymarket contract dashboard tracking Venezuela-related markets.

It’s Rotten Tomatoes for political junkies hooked on the Venezuela stuff.

To develop Umbral, Pablo, who is a data scientist with a PhD in Political Science from Texas Tech University, got the support of NGOs Ciudadanía Sin Límites and Code for Venezuela. The platform is fully bilingual (Spanish and English) and its source code is publicly available on GitHub, ensuring complete methodological transparency. Its analytical architecture is grounded in the Episodes of Regime Transformation (ERT) methodology by the V-Dem Institute, which frames the inherent uncertainty of authoritarian transitions through concrete, evidence-based scenarios. 

Umbral is not just an observatory—it is a space for active civic participation. The goal is for community-generated data to complement—and ultimately calibrate—the academic models underpinning the platform.

Check it out: https://umbral.watch