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Epic Games chief to speak in S.Korea as Google, Apple face app store challenge -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: Smartphone with Epic Video games brand is seen in entrance of Apple brand on this illustration taken, Could 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph

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By Stephen Nellis

(Reuters) – The chief government of “Fortnite” creator Epic Video games and different vocal critics of Apple Inc (NASDAQ:) and Alphabet (NASDAQ:) 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 (NASDAQ:) plan to talk at a convention subsequent week about equity in on-line ecosystems, in accordance with a consultant for the businesses.

Sweeney’s go to to Korea comes a day after a U.S. choose 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 might require Apple to permit builders to create in-app buttons and hyperlinks to third-party fee programs.

In August, South Korean lawmakers amended the nation’s Telecommunication Enterprise Act. Below the change, the operators of app shops must permit third-party fee programs of their shops as a substitute of forcing builders to make use of in-app fee programs 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.

Fairly than cost its customary 15% fee for the usage of its in-app fee system, Google mentioned it should cost builders who use their very own fee system an 11% fee. These builders will possible pay an extra 3% to 4% in charges to an outdoor fee processor.

Apple has not mentioned whether or not it has submitted a compliance plan. In October, a Korean official instructed Reuters https://www.reuters.com/expertise/skorea-targets-apple-over-new-app-store-regulation-2021-10-15 Apple has instructed regulators it doesn’t imagine it must make any modifications to its present enterprise practices, probably placing the iPhone maker on a collision course with regulators.

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