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May 1, 2024
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Technology

EU accuses Apple of market abuse with NFC and Apple Pay

Above a desk somewhere at Apple HQ someone has probably pasted the slogan, “Another week, another lawsuit,” and this week seems no different as the EU is targeting Apple Pay, or to be more specific, how Apple constrains use of the NFC chip inside iPhones.

What’s the claim?

The second charge in Europe this year, EU antitrust regulators have alleged that Apple restricts competitors by denying access to the NFC (Near-Field Communications) technology it uses in its mobile wallet.

Apple has been sent a statement of objections in which regulators detailed how it has abused its dominance position in markets for mobile wallets on iOS in contravention of Article 102 of the TFEU.

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