Apple Inc. agreed to voluntarily correct its commission policy of charging local app developers more after the Fair Trade Commission (FTC) launched a probe into the US tech giant.
There is widespread criticism that Apple unfairly charges commissions to South Korean app developers only.
The fees charged to local app developers are based on the consumer price inclusive of value-added tax, prompting the FTC to launch a probe.
The FTC said that while overseas app developers paid a 30 percent commission to Apple, local firms were asked to pay a 33 percent rate, as they were charged based on the price that includes a 10 percent value-added tax.
Chairperson Han Ki-jeong said they will continue monitoring fair practices in the app market and establish an ecosystem that benefits both operators and developers.


NVIDIA's Feynman AI Chip May Face Redesign Amid TSMC Capacity Crunch
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations
Elon Musk Announces Terafab: SpaceX and Tesla to Build Dual AI Chip Factories in Austin, Texas
CK Hutchison's Panama Ports Dispute Escalates as Arbitration Claims Surpass $2 Billion
Will a new border deal with the US open a backdoor into Kiwis’ personal data?
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling
Nomura Upgrades PDD Holdings to Buy, Calls Stock Too Cheap to Ignore
EU and CPTPP Nations Push for Landmark Digital Trade Agreement
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy
WTO Digital Trade Moratorium Expires Amid Stalled Negotiations
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals
Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic
U.S. Stock Futures Drop as Iran War Escalates, Oil Surges Past $115
Maduro Faces Rare Narcoterrorism Charges in U.S. Court
NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 



