South Korean regulators: Apple will spend more than $84million to solve monopoly problems

South Korea’s competition regulator said on Monday that Apple South Korea had proposed measures to solve the monopoly problem and proposed to provide 100 billion won worth of support to small businesses and consumers. South Korea’s Fair Trade Commission said in a briefing that Apple has agreed to fix “unfair” clauses with mobile operators. For example, Apple will discuss how to share advertising costs with telecom companies, which will help reduce the burden on operators.