• 11/25/2024

Apple offers to let rivals access tap-and-go tech in EU antitrust case 

Reuters

Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine. The EU competition enforcer last year charged Apple with curbing rivals’ access to its tap-and-go technology, Near-Field Communication (NFC), making it difficult for them to develop rival services on Apple devices. 

The post Apple offers to let rivals access tap-and-go tech in EU antitrust case  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/apple-offers-to-let-rivals-access-tap-and-go-tech-in-eu-antitrust-case/