News and developments
Legal, Regulatory and Policy Updates on Online Platforms and Content Provision Businesses
With regard to online platforms, a law prescribing prohibited acts of app market service providers, namely the “Act on Restriction of In-App Payment,” has passed the plenary session of the National Assembly, and the Korea Communications Commission (the “KCC”) has formed the Fourth Internet Coexistence and Development Committee to discuss policies for the coexistence and development of the internet ecosystem, including online platforms, and user protection. With regard to content provision business, bills related to mandatory payment of network usage fees by value-added telecommunications service providers are under discussion.
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Key Details of Proposed Amendment to Telecommunications Business Act Related to In-App Payment and Status of the Bill
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Updates on Establishment of Fourth Internet Coexistence and Development Committee
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Key Details of Proposed Amendment to Telecommunications Business Act Related to Network Usage Fees and Status of the Bill