The European Commission takes the preliminary view that Apple has been responsible for an abuse of dominant position by limiting access to the technology that underlies the Apple Pay mobile electronic payment system.
According to competition commissioner Margrethe Vestager, the information gathered so far indicates that Apple has violated European rules to the detriment of potential competitors by preventing it from developing other electronic payment systems that use Apple devices. If the allegations are confirmed, Apple could pay a fine of up to 10% of revenue.
“Apple has limited access to the key inputs needed to develop and run mobile payment apps, so-called mobile wallets,” Vice President Vestager explained. You then recalled that in Europe the majority of payments by telephone are made using NFC technology.
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.