S Korea passes law to curb Google, Apple's in-app billing system

South Korea will be the first country to introduce such restrictions

South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems.

 

The revision of the Telecommunications Business Act was approved by The legislation and judiciary committee of the national assembly which seeks to bar app market operators from requiring developers to use specific payment systems by unfairly using their monopoly.

 

South Korea will be the first country to introduce such restrictions on global tech giant's in-app billing policies.

 

Google said it would allow all apps use it's own billing system but charge 30 percent commission on all in-app purchases. After this decision the law was submitted to the Parliament in August 2020. And after increasing pressure, Google and Apple has taken steps and decided to lower it's charges.

 

India Scanner News Network

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