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Apple and Google must allow other in-app payment systems, Korean law declares

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Re: Apple and Google must allow other in-app payment systems, Korean law declares

#12
Is there a better source and the text of the law ? Payment systems are a proxy for the fee since there isn't an explicit publishing fee. It would be quite straightforward for both Apple and Google to charge a publishing fee, which may end up close to the current rent. The larger issue is that there aren't alternative app stores. Apple doesn't allow them at all, and Google severely restricts them at the technical and business level.

Re: Apple and Google must allow other in-app payment systems, Korean law declares

#15
post #4

Finally. This is exactly how regulators should respond to the market abuse of these technology monopolies. If they wanted to head this off all they had to do was pay a reasonable amount of tax in the country where the revenue was generated and offer a reasonable (single percentage) fee for facilitating payments. They chose not to so they reap what they sow

What regulators should mostly do is provide rulings in 2 weeks. Monopoly lawsuits have been threatening for 5 years and are still in limbo, our entire West is in threadlock: Slow justice, slow regulators, slow administrations, fast market grabs…

Re: Apple and Google must allow other in-app payment systems, Korean law declares

#17

Is there a better source and the text of the law ? Payment systems are a proxy for the fee since there isn't an explicit publishing fee. It would be quite straightforward for both Apple and Google to charge a publishing fee, which may end up close to the current rent. The larger issue is that there aren't alternative app stores. Apple doesn't allow them at all, and Google severely restricts them at the technical and…

A publishing fee would also be regressive compared to the payment tax. Right now, people don't pay until they are successful, at which point they may pay a LOT. But it keeps the app marketplace much more of a free marketplace.

Re: Apple and Google must allow other in-app payment systems, Korean law declares

#18
post #7

How long do we have to wait for all those disaster scenarios Apple and Google have been promising us to become true? I want to mark a date on my calendar.

At a glance, this law doesn't necessarily trigger any of the disaster scenarios. This doesn't mandate any changes to the security model and Apple could still adjust their terms to require a revenue share even if they aren't the ones executing the transaction—as a license fee for use of their software libraries.

Re: Apple and Google must allow other in-app payment systems, Korean law declares

#19
post #5

A possible outcome of this regulation: all Android and iOS payments get disabled in South Korea, paid apps become unavailable.

uh, so what?

I struggle to understand acting as if those things were some incredibly important stuff just like water, internet, computers,

or something that nobody would risk losing e.g via standing to fight against its vendor

Maybe losing those will result in creating new, more open and less vendor locking alternatives

Re: Apple and Google must allow other in-app payment systems, Korean law declares

#20

Is there a better source and the text of the law ? Payment systems are a proxy for the fee since there isn't an explicit publishing fee. It would be quite straightforward for both Apple and Google to charge a publishing fee, which may end up close to the current rent. The larger issue is that there aren't alternative app stores. Apple doesn't allow them at all, and Google severely restricts them at the technical and…

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