Korea Fines Google and Apple About US$48M Over App Payment Limits

South Korea has fined Google and Apple a combined KRW 63.71 billion (about US$47.6 million) over app store rules. It is the first case under a 2021 law banning app stores from forcing payment methods on developers. The Korea Media and Communications Commission (KMCC) fined Google KRW 42.9 billion (about US$32 million) and Apple KRW [...] The post Korea Fines Google and Apple About US$48M Over App Payment Limits appeared first on Fintech Hong Kong.

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