South Korea fines Google and Apple 63.7 billion won for mandatory in-app payments

According to First Financial News, the Korea Communications Commission (KMCC) has determined that Google and Apple violated the Telecommunications Business Act by enforcing in-app payments, and has decided to impose a total fine of 63.7 billion Korean Won on the two companies. Among them, Google was fined 42.9 billion Korean Won, and Apple was fined 20.81 billion Korean Won.

The regulatory agency also issued a corrective order, requiring both companies to modify their relevant business procedures. This penalty comes about three years after South Korea first announced its sanction plans in 2023.