K-SignalAI-generated
Korea fines Google, Apple $47.6M over in-app payments
South Korea's broadcasting and telecommunications regulator fined Google and Apple a combined 63.7 billion won ($47.6 million) on Oct. 28 for forcing app developers to use their in-app payment systems and improperly delaying app reviews, Yonhap reports. The Korea Times confirms this is the first such fine, with Google fined 42.9 billion won and Apple 20.81 billion won, according to Chosun Ilbo. Korean media are reporting this as a landmark regulatory action against the two tech giants' payment policies.
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