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South Korea media commission fines Google and Apple over app payment systems

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In short

The Media and Communications Commission penalized both tech giants for restricting consumers to proprietary in-app payment systems. Regulators ordered the firms to implement corrective measures alongside the combined financial sanctions. In response, Apple defended its App Store model, maintained that it supports developer innovation, and indicated it is considering legal options under domestic law. Google did not immediately issue a comment regarding the penalty.

Key points

  • South Korean regulators are actively penalizing major platform operators to break forced…: South Korean regulators are actively penalizing major platform operators to break forced in-app payment practices.
  • Apple has expressed formal disagreement with the ruling and is evaluating its options und…: Apple has expressed formal disagreement with the ruling and is evaluating its options under South Korean law.
  • Google has not yet provided an official comment regarding the multi-million dollar fine i…: Google has not yet provided an official comment regarding the multi-million dollar fine issued against it.

Sources checked by our analysis pipeline: 1

SEOUL, Oct 28 : South Korea's Media and Communications Commission has fined Google and Apple for limiting users to specific app payment systems and ordered corrective measures, the regulator said on Wednesday.

Google was fined 42.9 billion won ($32.35 million) and Apple 20.8 billion won, the commission said in a statement.

Apple said it disagreed with the decision and was evaluating options in accordance with South Korean laws. It said it has worked with outside developers to enable innovation through its App Store.

Google did not immediately have comment when contacted by Reuters.

($1 = 1,326.0900 won)

Original source: www.channelnewsasia.com

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