The European Commission has announced that it will accept Apple’s commitments to open its iPhone “tap and go” payment system to third parties, concluding a 2022 investigation and averting potential fines for Apple accused of violating competition laws by blocking competitors’ access. Continue reading “EU approves Apple’s ‘tap and go’ NFC technology for payments”
EU antitrust regulators are likely to approve Apple’s proposal to open its tap-and-go mobile payments system to competitors. This move comes after adjustments to the terms, according to sources familiar with the matter, as reported by Reuters. Continue reading “EU could approve Apple’s ‘tap and go’ payment proposal in May”
According to the European Commission, Apple has received a “Statement of Objections” for suspected anticompetitive behaviour involving the use of NFC input for payments, which is forbidden by the TFEU under Article 102. The EU’s antitrust action might result in massive fines for the corporation. This allegation is the outcome of the company’s prohibition on third-party software developers’ use of ‘tap and go’ technology for payments. Continue reading “EU charges Apple for restricting ‘tap and go’ NFC technology for payments”
