South Korea votes for a law that could mean trouble for Google and Apple

Earlier this week, we mentioned that the South Korean parliament was set to consider laws that could force Google and Apple to enable third party payment methods in their respective application stores. At that time, the general consensus was that South Korean parliamentarians would choose new laws, and voting took place early on Wednesday.

The South Korean Parliamentary Committee chose to recommend the law, which is a step towards breaking what many people see as a monopoly that both Google and Apple have payments on purchasing in the application. As is now, both Giants technology forces developers to use exclusive payment systems and reach up to 30 percent of money developers.

Criticism of the payment method used by Google and Apple has emerged from around the world. Google Play and Apple App Store are massive moneymaker, with each company captured in billions of dollars every year, most of the commission costs imposed when consumers download games and other applications made by the developer.

Apple has long argued that it allows other payment methods through the App Store to place users with the risk of fraud. Apple also claims to open its payment system until a third party undermines its privacy protection. Google maintains laws in a hurry and do not make enough efforts to analyze the potential negative impact of change.

Considering Google has long enabled users to download applications from third-party application stores, the possibility will be very difficult for search giants to argue against changes in many Android users. Supporters of the law maintain that Apple and Google are certainly able to ensure the security of payments through third-party providers by working with developers and external partners. The proposed law still has to go through the final voice in parliament to be approved. Losses in South Korea can establish precedents to make similar laws in other parts of the world are easier to obtain.