According to Reuters, Apple is trying to avoid potential antitrust charges from the European Union by offering its rivals access to its NFC technology for tap-and-go payments. The European Commission has been investigating Apple since 2020 over concerns that the company restricted access to key technology needed to develop rival mobile wallet solutions. While Apple’s proposal could help it avoid a fine and settle the case, it is not guaranteed to be accepted. The Commission will likely consult with Apple’s rivals and customers before making a decision. In addition to the EU investigation, Apple is also facing a lawsuit in the United States over anti-competitive behavior related to Apple Pay. A US District Court Judge ruled that the case would move forward, citing allegations that Apple charges inflated fees and engages in monopolization.
Related Posts
Staff Reduction: Tidal to Lay Off 10% of Employees
- admin
- December 7, 2023
- 0
Tidal, a music streaming service, will lay off 10 percent of its staff as part of a cost-cutting strategy detailed by Block Inc. CEO Jack […]
Apple’s Integration of RCS Set for 2024
- admin
- November 18, 2023
- 0
Apple has announced it will use RCS, a replacement for SMS and MMS that offers better interoperability compared to SMS and MMS. Apple has resisted […]
The Dyson Airwrap: Don’t Miss Amazon’s Lowest Black Friday Price!
- admin
- November 20, 2023
- 0
The Dyson Airwrap is a popular and effective styling tool for hair available on Amazon at an all-time low price of $480 due to a […]
