Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

South Korea Warns Google & Apple of Fines Up to $50 Million

Fri 06 Oct 2023 | 09:08 AM
By Ahmad El-Assasy

The South Korean regulatory authority for communications announced on Friday that Google, a subsidiary of Alphabet, and Apple are exploiting their dominant positions in the app market, and it warned of potential fines totaling $50.5 million.

According to Reuters, the Korean Communications Commission stated in a statement that the tech giants have forced app developers to follow specific payment methods and caused an unfair delay in app reviews.

The statement further indicated that the authority has notified the two companies to take corrective measures, and discussions will be held regarding imposing fines.

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

In 2021, South Korea approved an amendment to its telecommunications law that prohibits app store operators from coercing software developers to use their own payment systems.

The commission stated that Google and Apple's enforcement of specific payment methods and "Apple's discriminatory fees against local app developers" likely undermines the purpose of the law, which is to promote fair competition.