Apple Pay under scrutiny by EU for anti-competitive payment practices

Apple Pay under scrutiny by EU for anti-competitive payment practices

The European Commission is probing whether Apple Pay is squeezing third-party firms out of the mobile payments market. EU antitrust chief Margrethe Vestager’s office is probing whether the company’s pre-installed mobile payments software is playing dirty with the competition. An EC spokesperson said the regulator was monitoring ’possible anticompetitive market practices and abusive conduct’.

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