S. Korea approves rules on app store targeting Apple, Google
SUBSCRIBE
JOBS
Go Back
2 years ago 06:00:22am Television

S. Korea approves rules on app store targeting Apple, Google

New Delhi, 09-March-2022, By IBW Team

S. Korea approves rules on app store targeting Apple, Google

South Korea approved detailed rules for a law banning dominant app store operators such as Apple Inc. and Alphabet’s Google from forcing software developers to use their payments systems, the country’s telecommunications regulator said on Tuesday.

South Korea passed the law, an amendment to the Telecommunication Business Act, last year, Reuters reported from Seoul.

It was the first such curb by a major economy on Apple and Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30 percent.

The rules, called the enforcement ordinance, will be put into effect on March 15. They specify that the law bars “the act of forcing a specific payment method to a provider of mobile content” by unfairly utilising the app market operator’s status, the regulator Korea Communications Commission (KCC) said in a statement.

“In order to prevent indirect regulatory avoidance, prohibited acts’ types and standards have been established as tightly-knit as possible within the scope delegated by the law,” said KCC Chairman Han Sang-hyuk.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos