Apple, Google asked to turn in S.Korea compliance plans by mid-October
Law bans major app store operators from forcing software developers to use their payment systems
Fox Business Flash top headlines for September 28
Check out what's clicking on FoxBusiness.com.
SEOUL - Apple and Alphabet's Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesday.
Stocks In This Article:
Apple and Google did not have immediate comment.

Apple and Alphabet's Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesd
The Korea Communications Commission will soon be drawing up an enforcement ordinance that will accompany the amendment of the country's Telecommunications Business Act. Most of the new law went into effect in mid-September.
CLICK HERE TO READ MORE ON FOX BUSINESS
The enforcement ordinance is expected to be drafted within six months or possibly earlier, the official said.




















