FILE PHOTO: The Apple logo is seen at an Apple Store in Brooklyn, New York, U.S. October 23, 2020. REUTERS/Brendan McDermid/File Photo

October 6, 2021

BRUSSELS (Reuters) – EU antitrust regulators are set to charge Apple with anti-competitive practices related to its NFC chip technology, people familiar with the matter said, a move that could force the iPhone maker to open up its mobile payment system to rivals.

The European Commission opened an investigation into Apple Pay, its proprietary mobile payment solution on iPhones and iPads, in June last year.

The EU competition enforcer is now drafting a so-called statement of objections setting out its concerns which is expected to be sent to Apple next year, the sources said.

(Reporting by Foo Yun Chee; editing by Jason Neely)


Source: One America News Network

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments