South Korean telecommunications regulator to impose a fine on Google and Apple, which will cost around $50.5 million as they have violated the country’s in-app payment law.
According to the Korea Communications Commission, The two Big Tech firms took use of their market dominance to force local app developers to use their in-app payment methods rather than those of competitors, and they unfairly delayed app reviews to compel the usage of the particular billing system.
The Korean Commission has also informed the tech giants Google and Apple about the implementation of the corrective measures to increase fair play in the marketplace of app stores. The organization also highlights in the statement that South Korean app developers were subjected to discriminatory commission fees from Apple.
The Korean Commission has launched its investigation into three app stores which are Google, Apple, and One Store, which is a local app store. South Korea passed this rule of in-app payment in the year 2021.
After collecting feedback from Google and Apple, the KCC is going to decide on penalties for Google and Apple, which could total up to 47.6 billion won ($35.4 million) and 20.5 billion won, correspondingly.
To add more about the in-app payment rule, the rule says that it allows app developers to use third-party payment options for in-app purchases and bans app store operators from forcing them to use their own systems. Apple and Google decided to abide by their rules.