South Korea fines Apple and Google over App Store payments

South Korea's Korea Media and Communication Commission fined Apple $15.5 million and Google $32 million for violating a 2021 law on third-party payments in app stores. The regulator found the companies nominally allowed rival payment systems but set fees high enough to deter developers and delayed app reviews.

• Apple fined $15.5 million, Google $32 million
• Violation concerns 2021 law on third-party payment systems
• Firms ordered to allow external payment links in apps
• Regulator also demanded improved app review processes