EU accepts Apple's pledge to open "tap to pay" iPhone system for rivals, resolving antitrust case.
The European Union (EU) has accepted Apple's pledge to open up its "tap to pay" iPhone payment system to rivals, resolving an antitrust case and preventing a potential hefty fine. This decision follows Apple's proposal in January to allow third-party mobile wallet and payment service providers access to the contactless payment feature in its iOS operating system. After Apple tweaked its proposals, the EU concluded that the "final commitments" would address their competition concerns.
July 11, 2024
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