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Apple charged by Brussels with abusing its market power in mobile payments

Antitrust investigators are concerned that Apple is preventing competitors from accessing “tap and go” chips or near-field communication (NFC) to benefit its own Apple Pay system, the European Commission said in a statement this week.

The findings of the investigation added: “Apple Pay is the only mobile wallet solution that may access the necessary NFC input on iOS. Apple does not make it available to third-party app developers of mobile wallets. The NFC ‘tap and go’ technology is embedded on Apple mobile devices for payments in stores.”

Tags

payments, big tech, apple