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Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance

Tiger Newspress2021-08-31

Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance.

South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.

It is the first such curb by a major economy on the likes of Apple Inc and Alphabet Inc's Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.

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  • HelloKitty55
    ·2021-09-02
    Up soon
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  • ALearner
    ·2021-09-01
    I don’t think has any major impact
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  • rajanivi
    ·2021-09-01
    Good..
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  • Kel9670ong
    ·2021-09-01
    Little impact
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  • LennartM
    ·2021-09-01
    like n comment ?
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    • Bry8950
      Ok
      2021-09-01
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    • Newbie_21
      Done
      2021-09-01
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  • MK8888
    ·2021-09-01
    Cool.
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  • Kerrisdale
    ·2021-09-01
     Good for overall competition 
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  • Tanyl
    ·2021-09-01
    I will still support Apple share
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    • Sohws
      Lets go Apple
      2021-09-01
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  • Tanyl
    ·2021-09-01
    I will still support Apple share
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  • winsolutions
    ·2021-09-01
    Good for consumer, no good for shareholder. Sure APPLE can handle this minor adjustment. I opined tat APPLE going to stagnate without revolutionary new toy. EV to me is a wrong bet.
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  • MBE
    ·2021-09-01
    Follow the Chinese government…
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  • FrickL
    ·2021-09-01
    For Samsung, their national brand. 
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  • Yangli
    ·2021-09-01
    Good for competition 
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  • Dzzh83
    ·2021-09-01
    Oh no…
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  • Tan123
    ·2021-09-01
    good...
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  • JellybeAn
    ·2021-09-01
    Apple would likely recover from this soon
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    • Alex1709
      True
      2021-09-01
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  • Tmchoo
    ·2021-09-01
    .
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  • KH321
    ·2021-09-01
    Apple will recover. 
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  • Eagle88
    ·2021-09-01
    Not worry
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    • Tmchoo
      .
      2021-09-01
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    • Xkuanx
      No
      2021-09-01
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  • ArcherWG
    ·2021-09-01
    Mm...
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