South Korea weighs monetary fines to rein in app store operators

South Korea weighs monetary fines to rein in app store operators

Information about South Korea weighs monetary fines to rein in app store operators

Kevin David


SEOUL (Reuters) – South Korea said on Wednesday it plans to impose a fine on dominant app store operators such as Apple Inc and Alphabet’s Google if they force app developers to use only their payment systems.
The Korea Communications Commission (KCC) said it proposes a a monetary penalty of up to 2% of Korea app market revenue in such instances. The dominant app market operators will also incur a monetary penalty of up to 1% of Korea app store revenue for undue delays in reviewing apps or deletion of an app from the app store, the regulator said in a statement.
The country amended the Telecommunication Business Act in August to curb the big app store operators’ market dominance and stop them from charging commissions on in-app purchases.
The detailed draft of regulations set out on Wednesday is expected to …

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