S.Korea parliament committee votes to curb Google, Apple commission dominance

Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google have been chastised around the world for requiring software developers to utilize proprietary payment methods that charge up to 30% commissions.

In a statement on Tuesday, Apple said the bill “will put users who purchase digital goods from other sources at risk of fraud, undermine their privacy protections”, hurt user trust in App Store purchases and lead to fewer opportunities for South Korean developers.