South Korea passes bill to curb Apple, Google in-app payment systems

South Korea's parliament passed a bill Tuesday to ban Apple Inc. and Alphabet Inc.'s Google from forcing app developers to use their mobile platforms' in-app payment systems.The bill passed in the National Assembly amends the Telecommunications Business Act to allow mobile content businesses to use alternative payment systems and give consumers a choice in how to pay for in-app content.According to local media, this makes South Korea the first country to introduce such curbs on global tech giants' in-app billing policies. However, similar legislation was recently introduced in the U.S. Sena…READ FULL ARTICLE