EU Accepts Apple's Pledge to Open 'Tap to Pay' iPhone Tech to Competitors
Thursday, 11 July 2024, 09:24
Apple's 'Tap to Pay' Technology Sharing Decision
The European Union has accepted Apple's promise to allow competitors access to the 'tap to pay' feature on iPhones to settle an antitrust dispute.
Fostering Competition
This decision aims to promote a level playing field in the mobile payment sector, enabling fair competition among service providers.
- Antitrust Case Resolution: Apple's commitment to open up technology to rivals is a step toward addressing concerns of anti-competitive behavior.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.