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South Korea Fines Google and Apple

South Korea fined Google and Apple over restrictive app payment systems. Google received a penalty of 42.9 billion won and Apple was fined 20.8 billion won.

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FILE PHOTO: The Google logo is seen outside the company's offices in London, Britain, June 24, 2025.

South Korea fined ALPHABET INC-CL A and APPLE INC a combined $63.55M for restricting users to specific app payment systems on Wednesday morning.