LONDON (AP) — The European Union has announced that it has accepted Apple's commitment to open up its 'tap to pay' iPhone payment system to competitors in order to resolve an antitrust case and avoid a substantial fine. This decision comes after the European Commission accused Apple in 2022 of abusing its dominant position by restricting access to its mobile payment technology.
Apple responded to these allegations by proposing in January to allow third-party mobile wallet and payment service providers access to the contactless payment function within its iOS operating system. Following testing and feedback, Apple made adjustments to its proposals, which the Commission deemed sufficient to address its competition concerns.
