South Korea bans Apple and Google payment monopolies in world first - WION

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.

The bill was approved by 180 votes to nil in the National Assembly, making South Korea the first major economy to pass legislation on the issue, in a move that could set a precedent for other jurisdictions around the world.

In the United States, three senators this month introduced a bill to loosen the tech firms' grip on their stores, while in Europe lawmakers are debating legislation that could force Apple to bring in alternatives to the App Store.

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.

The Korean law, locally dubbed the "Anti-Google Law," will offer users a choice of app payment providers, allowing them to bypass charges set by the store owner.

"This law will certainly set a precedent for other countries, as well as app developers and content creators worldwide," Kang Ki-hwan at the Korea Mobile Internet Business Association told AFP.

It is expected to come into force in September, according to reports.

Later this year Google plans to enforce globally a requirement for developers to use its payment system, with its 30 percent commission above a certain threshold, for in-app...



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