K-SignalAI-generated
Korea fines Google, Apple $47.6 million 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 Wednesday for practices including forcing app developers to use their in-app payment systems, marking the first penalty under the country's 2021 law prohibiting such practices. Yonhap reports the regulator cited the companies for forcing specific payment methods and improperly delaying app reviews. Korea Times adds the fine targets practices that compel developers to use the tech giants' payment systems.
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