South Korea's communications regulator fined Apple and Google a total of 63.7 billion won ($48.1 million) for mandatory in-app payment systems. Google was fined 42.9 billion won and Apple 20.8 billion won. The regulator will approve corrective orders on Wednesday for alleged violations of the Telecommunications Business Act.

South Korea's communications regulator fined Apple and Google a total of 63.7 billion won ($48.1 million) for mandatory in-app payment systems. Google was fined 42.9 billion won and Apple 20.8 billion won. The regulator will approve corrective orders on Wednesday for alleged violations of the Telecommunications Business Act.