Apple on Thin Ice Due to Possible Abusive Conduct with Apple Pay
Apple could be the subject of new investigation in Europe, as the European Commission is looking into the way the Cupertino-based tech giant implemented Apple Play and the NFC chip into the iPhone and whether the company violates anti-competitive market practices.
While an investigation hasn’t yet started, EU antitrust chief Margrethe Vestager’s office is indeed analyzing these concerns, according to a report from Bloomberg.
Furthermore, a series of third-parties, including here mobile-payment providers, banks, and even app developers have recently been requested to provide information on how Apple might be blocking other payment solutions and favoring its own on the iPhone.
“In this context, the commission is actively monitoring the development of mobile payment solutions, the behavior by operators active in the payments se… (read more)