Apple (AAPL) is facing a regulatory headache in South Korea. Reuters reports that the iPhone maker could be the subject of a probe over new legislation requiring it to stop forcing app developers to use its payment systems. AAPL shares rose 0.75% to close at $144.84 on October 17. Apple designs, manufactures, and sells smartphones, personal computers, tablets, wearables, and accessories and offers a range of related services. The Telecommunication Business Act, which went into effect last month, requires the likes of Apple and Google (GOOGL) to allow developers to choose the payment systems of their choice.
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