Re:Korea slaps $327,067 fine on Twitch for suspending service
by petesergeant on Saturday February 24, 2024 @11:48PM
(#39497749)
> “Regulated industry” is something very specific ... different from general commerce regulation
Telecommunications is generally a regulated industry in most countries, as is broadcast media
> Twitch ... being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make
You are literally responding to an article that explicitly says Twitch was fined by the regulatory body in charge of telecommunications, not a "general commerce [regulator]"
Banks are regulated industry. If you want to start a bank you have to submit your business plan to regulators for approval, and then operate within very strict rules with criminal penalties for intentional deviation, and government inspectors who come by to make sure everything is by the book.
Twitch, a video game streaming service, being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make.