• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Technology Infotech

‘Banned!’ South Korea outlaws Apple, Google payment monopolies

Freelanews by Freelanews
August 31, 2021
in Infotech
0
SOUTH KOREA PRESIDENT PS

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 purchases.

In South Korea, it is also planning to charge commission on all content payments from October, ending an exemption where commissions were only payable for online games.

– ‘Fair compensation’ -That announcement prompted an angry response from South Korean artists and creators, with web fiction writers and webtoon artists accusing Google of “power abuse” and campaigning fiercely for the new law.

“Without this law, our working environment — where creators are guaranteed of full rewards for their efforts — would’ve been destroyed,” Seo Bum-gang, a webtoon artist who heads the Korea Webtoon Industry Association, told AFP.

“We need this law to protect the diversity of our industry, where artists and creators of all economic backgrounds can share their content without having to worry about the commission fees.”

Apple and Google have maintained that commissions charged are standard in the industry and fair compensation for building safe marketplaces where developers can reach people around the world.

Ahead of the debate, Apple told AFP that it would put digital purchasers at risk of fraud, undermine their privacy protection and render parental controls less effective.

“We believe user trust in App Store purchases will decrease as a result of this proposal –leading to fewer opportunities for the over 482,000 registered developers in Korea who have earned more than 8.55 trillion won to date with Apple,” it said in a statement.

Google Korea did not respond to requests for comment from AFP.

The two tech giants dominate the online app market in South Korea, the world’s 12th largest economy known for its technological prowess.

Google’s Play Store made revenue of almost 6 trillion won ($5.2 billion) in 2019, accounting for 63 percent of the country’s total, according to data from Seoul’s science ministry.

Apple’s App Store had a 24.4 percent share of total app store sales in the country in the same year.

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

whatsapp3
Infotech

‘Stronger customer relationship’ WhatsApp set to help business owners get more from app

by Rtn. Victor Ojelabi
June 14, 2022
Custom stickers
Infotech

Instagram unveils enhanced editing tools to elevate creativity

by Rtn. Victor Ojelabi
December 6, 2023
Minister Pantami
Infotech

‘Ensuring cyber safety’ We will not allow misuse of 5G technology, Isa Pantami says

by Freelanews
August 30, 2021
screenshot 2022 12 22 at 15 23 46 image 371 edited 1536x864.png (webp image 1536 × 864 pixels) — scaled (82%)
Infotech

‘No button’ France fines Microsoft 60 million euros over advertising cookies

by Freelanews
December 22, 2022
quotes 20
Infotech

‘No way!’ Ecobank blocks app onboarding on new phone

by Freelanews
July 8, 2021

Leave a Reply Cancel reply

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

ADVERTISEMENT

Recent News

Takum

Takum herders attack displaces hundreds, farmlands destroyed

October 27, 2025
NiMet weather forecast

NiMet weather forecast warns of rain and dust haze

October 27, 2025
Prominent Nigerian political leaders engaged in a discussion at a formal event, wearing traditional attire and hats, highlighting leadership and cultural heritage.

Femi Otedola hails Dangote over refinery expansion

October 27, 2025
Senior government official at Enugu State Government Office, Nigeria, during official duties or press conference, showcasing leadership and governance in Nigeria.

Enugu State Government confirms arrest for child defilement

October 27, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Takum

Takum herders attack displaces hundreds, farmlands destroyed

October 27, 2025
NiMet weather forecast

NiMet weather forecast warns of rain and dust haze

October 27, 2025
Prominent Nigerian political leaders engaged in a discussion at a formal event, wearing traditional attire and hats, highlighting leadership and cultural heritage.

Femi Otedola hails Dangote over refinery expansion

October 27, 2025
Senior government official at Enugu State Government Office, Nigeria, during official duties or press conference, showcasing leadership and governance in Nigeria.

Enugu State Government confirms arrest for child defilement

October 27, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Takum

Takum herders attack displaces hundreds, farmlands destroyed

October 27, 2025
NiMet weather forecast

NiMet weather forecast warns of rain and dust haze

October 27, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.