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South Korea readies payment law targeting Apple, Google app stores – Source CNET Tech

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Regulators increasingly want to take tech giants to task. 


Apple; Illustration by Stephen Shankland/CNET

Apple and Google are under increasing pressure from global regulators, who say the tech giants have abused their power in mobile devices in order to exert control over app developers and pad their profits in the process.

On Tuesday, South Korea’s National Assembly passed a bill that will force Apple and Google to loosen restrictions they impose via the Apple App Store and Google Play Store. The bill, which will become law when signed by the…

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Source CNET Tech

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