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Korea fines Google, Apple $56M for in-app payments
South Korea's broadcasting and telecommunications regulator has fined Google and Apple a combined 637 billion won (about $56 million) for forcing app developers to use their in-app payment systems, Yonhap reports. The regulator, in a plenary meeting on Oct. 28, imposed 429 billion won on Google and 208.1 billion won on Apple, confirming the sanctions about three years after notifying the companies in October 2023. The fines also include orders to allow external payments and adjust third-party payment fees, according to Maeil Business Newspaper. Korean media outlets, including Chosun Ilbo and Hankyung, reported the fines as breaking news, with Kyunghyang Shinmun noting this is the first such sanction for the companies' in-app payment practices.


















