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New Law Takes Effect Curbing App Store Payment Dominance of Apple, Google

New Law Takes Effect Curbing App Store Payment Dominance of Apple, Google

SEOUL, Sept. 14 (Korea Bizwire) — A South Korean law aimed at curbing the influence that Apple Inc. and Google have over payment systems in their app stores went into effect Tuesday, the country’s telecommunications regulator said, marking a victory for many local developers. The new law, the first of its kind globally, bars app [...]

S. Korean Law Banning Google and Apple’s In-app Purchases Welcomed by U.S. Firms

S. Korean Law Banning Google and Apple’s In-app Purchases Welcomed by U.S. Firms

SEOUL, Sept. 3 (Korea Bizwire) — A U.S.-based group of companies is celebrating the passing of the revised bill of the Telecommunications Business Act in South Korea to curb the sway of Google and Apple when it comes to app store fees. One U.S. game developer welcomed the news, calling himself “a Korean.” “As President [...]

S. Korea Looks Set for Legislation to Curb Google, Apple’s In-app Billing System

S. Korea Looks Set for Legislation to Curb Google, Apple’s In-app Billing System

SEOUL, Aug. 25 (Korea Bizwire) — A parliamentary committee on Wednesday passed a bill to ban Google and Apple from forcing app developers to use the platforms’ payment systems, clearing the last remaining hurdle before a final vote. The legislation and judiciary committee of the National Assembly approved the revision of the Telecommunications Business Act, [...]

LG Looking to Beef Up Relationship with Apple After Mobile Biz Exit

LG Looking to Beef Up Relationship with Apple After Mobile Biz Exit

SEOUL, July 6 (Korea Bizwire) — LG Group, South Korea’s fourth-largest conglomerate, is apparently looking to beef up its business relationship with Apple Inc., industry insiders said Tuesday, amid rumors that its electronics affiliate may sell the U.S. tech titan’s products at its retail shops. LG recently held a special promotion for iPhones, iPads and [...]