Since the emergence of the broadband internet, there have been disagreements about who should pay to transmit data. When a Korean user downloads an episode of “Squid Game,” who should pay for transmission of that data from the server hosting the episode to the user s computer: the company hosting the content or the internet service provider (ISP) that the consumer pays for to obtain broadband access?
There is a Korean proverb that says: “There is always a way out, look for it.” South Korea’s recent revision of its Telecommunications Business Act (TBA) might, however, be the one thing South Korea is not able to get out of, unless it abandons its plans for redistributing the monopoly power back to telecommunication providers.…