S.Korea set to curb Google, Apple commission dominance

S.Korea set to curb Google, Apple commission dominance

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/uk-southkorea-antitrust-tech/s-korea-set-to-curb-google-apple-commission-dominance-idUSKBN2FP0BF

South Korea is likely to bar Alphabet Inc's Google and Apple Inc from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants' lucrative revenue streams.

S.Korea set to curb Google, Apple commission dominance

Aug 24, 2021, 6:27am UTC
https://www.reuters.com/article/uk-southkorea-antitrust-tech/s-korea-set-to-curb-google-apple-commission-dominance-idUSKBN2FP0BF >South Korea is likely to bar Alphabet Inc's Google and Apple Inc from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants' lucrative revenue streams.