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South Korea fines Google and Apple over unfair app market practices
Source: techxplore.com
Antitrust & CompetitionRegulation & LegislationFintech
South Korea fined Alphabet's Google and Apple a combined 63.7 billion won ($47.6 million), saying they abused dominance in app store markets. The regulator cited requiring local developers to use their payment systems and unfairly delaying app reviews.
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