South Korea becomes the first nation to stop Google & Apple charging commissions on in-app purchases ...News

South Korea’s parliament has approved a bill that bans major app-store operators such as Alphabet’s Google and Apple from forcing software developers to use their payment systems, marking the first such curb by a major economy. The final vote was 180 in favor out of 188 attending to pass the amendment to the Telecommunications Business Act, dubbed the “Anti-Google law." The approved amendment is aimed at stopping the technology majors from charging commissions of up to 30% on in-app purchases. The bill, which will come into force after being signed by President Moon Jae-in, also bans app-store operators with dominant market positions f

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