South Korea weighs monetary fines to rein in app store operators

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SEOUL (Reuters) - South Korea said on Wednesday it plans to impose a fine on dominant app store operators such as Apple Inc and Alphabet's Google if they force app developers to use only their payment systems.

The Korea Communications Commission said it proposes a a monetary penalty of up to 2% of Korea app market revenue in such instances. The dominant app market operators will also incur a monetary penalty of up to 1% of Korea app store revenue for undue delays in reviewing apps or deletion of an app from the app store, the regulator said in a statement.

The detailed draft of regulations set out on Wednesday is expected to be enforced by March after consultations, the KCC said. The KCC said that if app developers are disadvantaged when using other payment methods, which in turn leaves them with no choice but to use a specific payment method, it will be considered as forcing them.

 

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