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Apple’s Office in Seoul Raided by Korean Regulators – CNet

Investigators from South Korea’s Fair Trade Commission raided Apple’s office in Seoul last week to look into claims the tech giant charged developers excessive App Store fees


Regulators from Korea's Fair Trade Commission raided the company's office in Seoul last week.
The Apple logo is seen at an Apple store in New York. Regulators in Korea are monitoring the group's App Store dealings after complaints about excessive fees. Photo: Reuters.

 

Investigators from South Korea’s Fair Trade Commission raided Apple’s office in Seoul last week to look into claims the tech giant charged developers excessive App Store fees, according to CNet, which cited Chosun Biz, a local language site, and noted that Apple said in a statement it “is fully cooperating” with the commission’s investigation.

The Korean government wants to rein in Apple and Google’s dominance, as some complainants accuse the tech giants of having an anti-competitive grip on app payments and that Apple takes a 30% cut from developers when people buy items via the group’s app payment system, which “is sometimes referred to as an ‘Apple Tax’.”

Read the full report: CNet.

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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