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Google, Apple stare at over $50 mn fine for in-app billing irregularities

by AIP Online Bureau | Oct 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology

The Korea Communications commission has decided to impose a fine of 47.5 billion won on Google and 20.5 billion won on Apple based on the judgment that they violated the country’s revised Telecommunications Business Act by abusing their monopoly power to force...

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