South Korea bans app payment monopolies in world first | The Guardian Nigeria News - Nigeria and World News

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South Korean MPs on Tuesday passed a law banning Apple and Google from forcing app developers to use the tech giants' payment systems, effectively declaring their lucrative App Store and Play Store monopolies illegal.

This file photo taken on October 21, 2020 in Lille shows the logo of the multinational American Internet technology and services company, Google .

The South Korean measure comes as Apple and Google face global criticism for charging up to 30 percent commission on app sales and requiring their own payment systems be used that collect a share of the transactions. In South Korea, it is also planning to charge commission on all content payments from October, ending an exemption where commissions were only payable for online games.That announcement prompted an angry response from South Korean artists and creators, with web fiction writers and webtoon artists accusing Google of “power abuse” and campaigning fiercely for the new law.

 

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