App Store payment platform monopoly ending in Korea; other countries likely to follow
Apple’s App Store payment platform monopoly is ending in South Korea after an antitrust law was passed, affecting both the iPhone maker and Google. This is expected to encourage other countries to enact similar laws.
Currently, the App Store is the only way for developers to sell iOS apps, and they are not allowed to direct users to any third-party payment platform within their apps. That will now change …
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