EU Settlement: Apple’s Pledges to Resolve Antitrust Probe into Apple Pay
![Mobile Payment With Wallet App And Wireless Nfc Technology. Man Paying And Shopping With Smartphone Application And Credit Card Information.](https://techgroundnews.com/wp-content/uploads/sites/4/2024/01/GettyImages-1158779061-768x471.jpg)
The EU suspects Apple of unfairly favoring its own mobile payment tech, Apple Pay, and squeezing out the ability of rivals to develop competing contactless payment offerings on its mobile platform.
It has also committed to applying “fair, objective, transparent, and non-discriminatory” eligibility criteria to grant NFC access to third parties — which will have to conclude an ADP license agreement to gain access.
The Apple Pay competition saga dates back several years at this point.
The Apple Pay case pre-dates ex ante competition legislation the bloc has since enacted and which Apple is subject to; having been designated, in September, as a so-called “gatekeeper” under the Digital Markets Act (DMA).
And although Apple’s payment tech, Apple Pay, has not been designated a “core platform service” the iOS App Store has.