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The iPhone maker fell short of persuading regulators after providing insufficient details on alternative payment systems.
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The iPhone maker fell short of persuading regulators after providing insufficient details on alternative payment systems.
The decision is in accordance with South Korea's new law that regulates app stores through safeguards and penalties.
This lawsuit is a consequence of Netflix losing an earlier court battle in which it had accused SK Broadband of double billing.
The fallout is from South Korea's stringent new regulations requiring trading licences and tie-ups with local banks.
The country's antitrust watchdog fined Google for hindering the development of Android OS forks through specific contracts.
Although the new South Korean law allows third-party in-app payment systems, the law is yet to go into effect and Apple will likely wait...
The new bill might shape how other countries address Google and Apple's control over app store payments.
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