Apple has finally announced that it will abide by the law in South Korea, which requires it to allow third-party payments in the App Store, approximately four months after the antitrust law was passed. The law also applies to Google, which has already been harmonized.
As expected, the Cupertino-based company says it will continue to cut all sales in the App Store, even though it will be at a reduced rate…
Apple’s monopoly on the sale of iOS applications was the company’s biggest antitrust concern. Apple tried to prevent regulatory pressure by reducing its commission from 30% to 15% for the vast majority of developers, but still lost a major case in the U.S. by banning developers from directing users to third-party payment platforms.
A law was passed in South Korea that had the same effect, forcing both Google and Apple to allow application developers to use third-party payment platforms.
The law came into force in September last year, but Apple initially fought against adherence.
Apple will allow payments in the App Store of third parties
The Korea Herald reports that Apple has now said it will abide by the law.
Apple will allow alternative payment systems in South Korea under a new local law that prohibits app store operators from forcing their own in-app payment systems, the state telecommunications regulator said on Tuesday. […]
Apple said it plans to offer an alternative payment system at a reduced service fee compared to the current 30 percent, as the technology giant has submitted its compliance plans to the Korean Communications Commission (KCC).
The company did not give an exact date when the policy will take effect or the fee for the service to be applied, but said it plans to talk to KCC about further details […]
“Apple has great respect for Korean law and a strong history of working with talented application developers in the country. Our work will always be guided so that the App Store is a safe and reliable place for our users to download the applications they love, ”it adds.
Other countries are expected to follow the example of the United States and South Korea, and many antitrust experts believe that Apple will eventually be forced to adopt this policy globally.
Photo: Omid Armin / Unsplash
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