EU opens Apple Pay antitrust investigation
The European Commission has opened a formal antitrust investigation “to assess whether Apple’s conduct in connection with Apple Pay violates EU competition rules”... More
The European Commission has opened a formal antitrust investigation “to assess whether Apple’s conduct in connection with Apple Pay violates EU competition rules”... More
Apple Pay “has attracted regulatory scrutiny” from the EU’s Competition Commission due to “several expressions of concern about the US tech giant’s mobile payment service,” Reuters reports... More
EU’s Vestager may investigate Apple Pay if there are formal complaints — Reuters — “EU regulators looked into Apple’s mobile payment service and found it was not market-dominant but they could review it again if they receive formal complaints, Europe’s antitrust chief said on Monday… Critics say that an NFC chip embedded in the Apple iPhone means that Apple Pay is automatically selected when an iPhone user pays for goods and services, barring rival payment methods.”