Republic of Korea: National Assembly approves of amended Telecommunications Business Act
Description
National Assembly approves of amended Telecommunications Business Act
South Korea's National Assembly approves the revision of the Telecommunications Business Act. The regulation bans app market operators from requiring app developers to use their own in-app purchasing system, hence forcing them to open their app stor…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
software provider: app stores
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2021-08-25
under deliberation
2021-08-31
adopted
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
software provider: app stores
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
software: app store: hosting (any form)
Regulatory tool
Prohibition of end-user contract limitations
Sanctions
Determined by existing law or regulation
Regulated subjects
1