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

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

Brussels regulators have charged Apple with breaking EU competition law by abusing its dominant position in mobile payments to limit rivals’ access to contactless technology.

She added that the commission had “preliminarily found that Apple may have restricted competition, to the benefit of its own solution Apple Pay”. In its preliminary findings in the latest case, Brussels said it considered that Apple “enjoys significant market power in the market for smart mobile devices and a dominant position on mobile wallet markets”.

 

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