The National Assembly of South Korea will summon the chiefs of Google and Netflix’s Korean operations to serve to testify about their business practices at the upcoming audits scheduled for October.
Google Korea's Nancy Mable Walker will be asked to testify at the Science, ICT, Broadcasting, and Communications Committee’s first audit on Oct. 7.
Google Korea is thinking of expanding the payment policy for its in-app purchases and increase its 30 percent commission fee.
The policy currently applies only to game apps but may affect other content apps such as those for webcomics, music streaming services, and e-books.
NCSoft COO Jung Jin-soo and One Store CEO Lee Jae-hwan are set to testify on the implications of Google Korea’s change of policy at the Korea Communications Commission’s Oct. 8 audit.
According to the Ministry of Science and ICT, Google Play's revenue accounted for 63.4 percent of the Korean app market.
Reginald Shawn Thompson of Netflix Services Korea was also asked to appear as a witness.
The Telecommunications Business Act is being revised to require foreign platform operators to share the costs of ensuring stable services, which have been solely borne by telecommunications firms.
Netflix had been enjoying a free ride on local networks,
The head of SK Telecom’s mobile network operator business, Yoo Young-sang, the head of KT’s customer business, Kang Kook-hyun, and LG Uplus President Hwan Hyun-sik were also asked to testify.


Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 



