Policymakers in South Korea are weighing a raft of digital market provisions inspired by the EU’s Digital Markets Act. Their goal is to rein in allegedly anticompetitive practices by Big Tech firms. But the proposed interventions are unwarranted and risk harming innovation, straining relations with the United States during uncertain times, and opening the door to China.

Korea thankfully lags behind the West in its techlash “thinking,” but it is by no means free from this corrosive force. Both the West and Korea need a more positive and balanced perspective that doesn’t make technology the source of today’s societal ills.

Contributing to a special report from the National Bureau of Asian Research, Nigel Cory and Nohyoung Park examine U.S. and South Korean approaches to data policy, including the barriers that arise from policy differences and the efforts made to find common ground and maximize cooperation.

With the Platform Competition Promotion Act, Korea should ensure its continuous development as an innovation leader by rejecting the EU model and instead following the light-touch path of the United States, as Robert Atkinson writes for The Korea Times.

Even if Korea implements additional advanced technology policies, it will be increasingly difficult for Korean firms in advanced industries, like electronics, semiconductors, machinery, and autos, to compete against Chinese firms that are backed to the hilt by the Chinese government, writes Rob Atkinson in The Korea Times.