S.Korea set to curb Google, Apple commission dominance

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

SEOUL, Aug 24 (Reuters) – South Korea is likely to bar Alphabet Inc’s (GOOGL.O) Google and Apple Inc (AAPL.O) from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants’ lucrative revenue streams.

The parliament’s legislation and judiciary committee is expected on Tuesday to approve the amendment of the…


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