Apple Hit With Eu Antitrust Charge Over Mobile Payments Technology The commission said apple’s anticompetitive practices dated back to 2015 when apple pay was launched. “we have indications that apple restricted third party access to key technology necessary to develop rival mobile wallet solutions on apple’s devices,” eu antitrust chief margrethe vestager said in a statement. Apple will be hit with an eu antitrust charge over its nfc chip technology, people familiar with the matter said, a move that puts it at risk of a possible hefty fine and could force it to open its mobile payment system to rivals.
Apple Hit With Eu Antitrust Charge Techcentral The european commission’s preliminary findings stem from an investigation opened in march. if found guilty, the company could face a fine of up to 10% of its $383 billion annual global revenue. May 2, 2022 6:57 a.m. pt. apple faces an eu antitrust charge over its payment system. james martin cnet. european union antitrust regulators charged apple on monday with restricting access to the. The european commission, the european union’s executive arm, on monday hit apple with a 1.8 billion euros ($1.95 billion) antitrust fine for abusing its dominant position on the market for the. Amsterdam, june 24 (reuters) european union antitrust regulators charged on monday that apple (aapl.o) breached the bloc's tech rules, a charge that could result in a hefty fine for the iphone.
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