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Apple reaches deal with EU regulators to open up mobile payments system to rivals

cnbc.com
submitted
10 mos ago
byjustadevtotechnology

Summary

EU antitrust regulators on Thursday accepted commitments from Apple to allow access to its tap and go payments technology to rivals. The EU formally launched an investigation relating to Apple Pay in 2020. In 2022 the European Commission found that Apple Pay could restrict competition as it was the only option for iPhone users.
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20

5 Comments

3
humboldt
10 mos ago*
Makes me laugh how we're pulling apple into being consumer friendly kicking and screaming
3
justadevOP
10 mos ago
You know they'd never do it otherwise. Every consumer friendly decision has been because they were forced
2
humboldt
10 mos ago
It really makes me happy that we're not allowing them to just be a monopoly and not care about anyone else in the world!
3
boredgamer
10 mos ago
The EU is killing it for consumers this decade!
2
justadevOP
10 mos ago
At least there's one area of the world that hasn't completely sold out