EU Accuses Apple of Abusing Mobile-Payment Market Power


European Union antitrust authorities on Monday charged Apple with abusing its dominant place by limiting entry to the expertise underpinning contactless funds on its cell gadgets, including to the bloc’s efforts to clamp down on alleged anticompetitive habits by some of the world’s largest tech firms.

The European Commission, the EU’s govt arm, mentioned it took concern with Apple’s resolution to stop mobile-wallet app developers from accessing the wanted {hardware} and software program on its gadgets and as a substitute favoring its personal providing, Apple Pay.

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