South Korea Warns Google, Apple of Possible Fines Over Apps Marketing (reuters.com) 5
South Korea's telecommunications regulator said on Friday that Alphabet's Google and Apple have abused their dominant app market position and warned of possible fines totalling up to $50.5 million. From a report: The Korea Communications Commission (KCC) said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said. "What KCC has shared today is the pre-notice and we will carefully review and submit our response. Once the final written decision is shared with us we will carefully review to evaluate the next course of action," Google said in a statement to Reuters. Apple also issued a statement, saying: "We disagree with the conclusions made by the KCC in their Examiner's Report, and believe the changes we have implemented to the App Store comply with the Telecommunications Business Act. As we have always done, we will continue to engage with the KCC to share our views."
Deep Pockets (Score:3)
Re: (Score:2)
$50M is pocket change for those two.
Re: (Score:2)
Love how this troll answer neatly side-steps the question of how Apple and Google got those deep pockets, as if South Korea is grabbing money from two innocent companies that, you know, didn't actually abuse their dominant position to grab it from others in the first place. When people think "might makes right", it's always interesting to see where they draw the line... I guess for this guy it
The f you back solution (Score:2)