• About us
  • Contact Us
Monday, July 27, 2026
No Result
View All Result
The World Monitor
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
No Result
View All Result
The World Monitor
No Result
View All Result
Home World

South Korea Considers Fines against Google & Apple

October 6, 2023
South Korea Considers Fines against Google & Apple
Share on FacebookShare on TwitterShare on Whatsapp

South Korea’s telecommunications regulatory authority announced on Friday that Google, a subsidiary of Alphabet, and Apple are exploiting their dominant positions in the app market and warned of potential fines totaling $50.5 million.

The Korea Communications Commission stated in a press release that the two tech giants have compelled app developers to follow specific payment methods and caused unjust delays in app reviews.

The statement indicated that the commission has notified both companies to take corrective actions, and discussions regarding fines will be held.

Google and Apple have not immediately responded to requests for comment from Reuters.

In 2021, South Korea amended its telecommunications business law, prohibiting app store operators from forcing software developers to use their payment systems.

The commission stated that Google and Apple imposing specific payment methods and “charging discriminatory fees by Apple to local app developers” likely undermines the law’s purpose, which is to promote fair competition.

Tags: South Korea
Next Post
43 Million Children Displaced Due to Extreme Weather

43 Million Children Displaced Due to Extreme Weather

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Egypt & UK Discuss Situation in Gaza

Egypt & UK Discuss Situation in Gaza

2 years ago
Apple Hit by $2.5 Million Fraud Scheme

Apple Hit by $2.5 Million Fraud Scheme

2 years ago

Popular News

  • Saudi Economy Surpasses Trillion-Dollar Mark for 1st Time in History

    Saudi Economy Surpasses Trillion-Dollar Mark for 1st Time in History

  • Google to Invest in “AI” Startup for Celebrity Talks

  • UNICEF: Gaza World’s Most Dangerous City for Children

  • Sonatrach Forms Strategic Alliance with Eni & Equinor

  • What Did Karim Benzema Say Upon Arriving in Saudi Arabia?

Follow us

"Connecting the World to the Heartbeat of Middle East and Africa – Your Trusted Source for News and Insights."

  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto

ABOUT US

CONTACT US

Privacy Policy

  • About us
  • Contact Us

© 2023 THE WORLD MONITOR

No Result
View All Result
  • Home
  • Africa
  • World
  • Economy
  • Climate
  • Sports
  • Crypto
  • Technology

© 2023 THE WORLD MONITOR