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South Korea fines Google, Apple $47.6M for in-app payment policies
South Korea's broadcasting and telecommunications regulator imposed a combined 63.7 billion won ($47.6 million) fine on Google and Apple on Wednesday for forcing app developers to use their in-app payment systems. The Korea Times reports the penalty targets practices including the mandatory use of in-app payment methods and unfair delays in app review schedules. Yonhap similarly reports the regulator's decision to levy the fines for violating the Telecommunications Business Act. The Korea Times notes the move requires the companies to change their payment policies to allow app developers to direct users to external payment sites.
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