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Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case
Apple has promised to open up its tap-and-go mobile payment system to rivals as a way to resolve an antitrust case and avoid potentially billions in fines.
LONDON (AP) — Apple has promised to open up its tap-and-go mobile payment system to rivals, the European Union said Friday, as the U.S. tech company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions. The European Commission, the bloc’s executive arm and top antitrust enforcer, accused Apple in 2022 of abusing its dominant position by limiting access to its mobile payment technology. The changes Apple is proposing to ease EU antitrust concerns would last for a decade and apply to rival mobile wallet makers as well as iOS users in the bloc’s 27 countries, plus Iceland, Norway and Liechtenstein, the commission said.
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