By Stephen Nellis
(Reuters) – The chief govt of “Fortnite” creator Epic Video games and different vocal critics of Apple Inc and Alphabet Inc’s Google plan to talk in South Korea, the place the 2 American tech giants face new rules forcing them to open their app shops to third-party funds.
Tim Sweeney and representatives from Match Group plan to talk at a convention subsequent week about equity in on-line ecosystems, in response to a consultant for the businesses.
Sweeney’s go to to Korea comes a day after a U.S. decide denied Apple’s request https://www.reuters.com/expertise/us-judge-skeptical-apples-request-pause-fortnite-antitrust-orders-2021-11-09 to pause a set of courtroom orders handed down after a prolonged antitrust trial between Apple and Epic Video games. These orders may require Apple to permit builders to create in-app buttons and hyperlinks to third-party fee methods.
In August, South Korean lawmakers amended the nation’s Telecommunication Enterprise Act. Underneath the change, the operators of app shops must permit third-party fee methods of their shops as a substitute of forcing builders to make use of in-app fee methods that cost commissions.
The Korean Communications Fee (KCC) has requested each Apple and Google to submit compliance plans.
Final week, Google mentioned it had submitted a plan https://www.reuters.com/expertise/google-plans-allow-third-party-payments-systems-skorea-2021-11-04 that will for the primary time permit third-party funds, however it’s unclear whether or not the plan will decrease prices for builders.
Slightly than cost its normal 15% fee for using its in-app fee system, Google mentioned it’s going to cost builders who use their very own fee system an 11% fee. These builders will doubtless pay an extra 3% to 4% in charges to an out of doors fee processor.
Apple has not mentioned whether or not it has submitted a compliance plan. In October, a Korean official informed Reuters https://www.reuters.com/expertise/skorea-targets-apple-over-new-app-store-regulation-2021-10-15 Apple has informed regulators it doesn’t consider it must make any modifications to its present enterprise practices, doubtlessly placing the iPhone maker on a collision course with regulators.
(Reporting by Stephen Nellis in San Francisco; Modifying by Karishma Singh)