S.Korea considers US$50.5m fine against Google, Apple over app market practices

  • 📰 malaymail
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

SEOUL, Oct 6 — South Korea’s telecommunications regulator said on Friday that Alphabet Inc’s Google and Apple have abused their dominant app market position and warned of...

The Korea Communications Commission said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. ― SoyaCincau picSEOUL, Oct 6 — South Korea’s telecommunications regulator said on Friday that Alphabet Inc’s Google and Apple have abused their dominant app market position and warned of possible fines totalling up to US$50.5 million.

The Korea Communications Commission said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said.In 2021, South Korea passed an amendment to the Telecommunication Business Act banning app store operators from forcing software developers to use their payments systems.

The KCC said that Google and Apple’s enforcement of certain payment methods, and Apple’s “discriminatory charging of fees to domestic app developers” is likely to undermine the law’s purpose of promoting fair competition. After hearing from the companies, the regulator could decide to impose fines of up to 68 billion won , including 47.5 billion won for Google and 20.5 billion won for Apple, KCC said. — Reuters

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines