S.Korea’s parliament passes bill to curb Google, Apple commission dominance

SEOUL, Aug 31 (Reuters) – South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.

It is the first such curb by a major economy on the likes of Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions…