Google plans to release a standalone top class subscription plan for youtube video streaming with out the tune streaming component in South Korea, as a part of a voluntary corrective measure to deal with its alleged anti-aggressive exercise, the u . S . A .'s antitrust regulator said on Tuesday.
The standalone product, dubbed youtube top rate Lite, will be almost 1/2 the price of that of the currently existing youtube premium plan, which bundles both video and song streaming functions, according to the fair alternate fee (FTC), reports Yonhap news business enterprise.
Android customers can enroll in youtube premium Lite for 8,500 gained (US$6.15) according to month, even as the month-to-month fee for ios customers was set at 10,900 gained, the FTC stated, noting the expenses are less expensive compared with equivalent youtube subscription plans in six other nations, together with the united states and Britain.
The brand new subscription plan changed into proposed as Google's corrective action plan to cope with its anti-competitive practice of bundling youtube music with the video streaming platform's ad-free top rate subscription service.
Following Google's release of the sort of product in 2020, the FTC commenced an research into the U.S. tech large's alleged violation of Korea's truthful alternate rules in 2023.
The FTC has accused google of effectively forcing customers to subscribe to both services, restricting alternatives for folks that may have simplest wanted get right of entry to to advert-loose video streaming, thereby restricting customer choice and abusing its marketplace dominance.
Instead of pursuing a prolonged criminal warfare, google has submitted a corrective action plan of launching the standalone video streaming subscription plan below the FTC's system referred to as a "consent decision." The mechanism lets in the FTC to droop its investigation if the business enterprise voluntarily proposes measures that address the alleged consumer harm.
The FTC stated it plans to collect critiques from relevant ministries and stakeholders over a 30-day duration until Aug. 14 earlier than making a final selection on whether or not to accept Google's idea.
If the FTC endorses the suggestion, google plans to launch the youtube premium Lite plan within the stop of this yr.
Under the notion, google said it will freeze the fee for youtube top class Lite and youtube top rate for at least twelve months to lower the financial burden on its users.
The U.S. enterprise additionally said it'll create a fifteen billion-gained fund to guide the boom of the Korean music industry by means of coming across new artists and helping their participation in foreign places track festivals.
Disclaimer: This content has been sourced and edited from Indiaherald. While we have made adjustments for clarity and presentation, the unique content material belongs to its respective authors and internet site. We do not claim possession of the content material..jpg)
click and follow Indiaherald WhatsApp channel