South Korea weighs law aimed at Google and Apple app payments         

Proposed bill would bar tech giants from requiring software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases

Both Apple and Google have faced global criticism because they require software developers using their app stores to use proprietary in-app payment systems that charge commissions of up to 30% on in-app purchases. File picture

South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases, the first such curbs on the tech giants by a major economy.

The parliament's legislation and judiciary committee is expected to approve the amendment of the Telecommunications Business Act, dubbed the "Anti-Google law", that takes aim at app store operators with dominant market positions.