• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

‘Apple has built a closed ecosystem:’ EU moves forward in antitrust case

The 27-nation bloc’s executive arm, the European Commission, has been investigating Apple since 2020.

Joe Mellor by Joe Mellor
2022-05-02 17:10
in Business
FacebookTwitterLinkedinEmailWhatsapp

The European Union stepped up its antitrust case against Apple on Monday, accusing the company of abusing its dominant position by limiting access to technologies allowing contactless payment.

The 27-nation bloc’s executive arm, the European Commission, has been investigating Apple since 2020.

The commission’s preliminary view is that the firm is restricting competition by preventing mobile wallet app developers from accessing the necessary hardware and software on Apple devices.

Mobile wallets rely on near-field communication, or NFC, which uses a chip in the mobile device to wirelessly communicate with a merchant’s payment terminal.

The commission said Apple Pay is by far the largest NFC-based mobile wallet on the market and accused the company of refusing others access to the popular technology.

We have informed Apple of our preliminary view that it abused its dominant position in markets for mobile wallets on iOS devices.

Our preliminarily findings show that Apple may have restricted competition, to the benefit of its solution Apple Pay.

ℹ️ https://t.co/nyBx57JNIU

— European Commission 🇪🇺 (@EU_Commission) May 2, 2022

“Apple has built a closed ecosystem around its devices and its operating system, iOS, and Apple controls the gates to this ecosystem, setting the rules of the game for anyone who wants to reach consumers using Apple devices,” EU competition commissioner Margrethe Vestager said.

“By excluding others from the game, Apple has unfairly shielded its Apple Pay wallets from competition.”

RelatedPosts

Turkey doesn’t vote for Xmas: Oil and gas industries reject call for windfall tax

Royal Mail announces huge profits…then signals price hikes as it cuts costs to cope with inflation

McDonald’s to leave Russia as Greenpeace blocks tanker carrying Putin’s diesel to UK

What cost of living crisis? Huge pay packet of Tesco boss revealed

The commission did not say how big the fines could be if the charges against Apple were ultimately upheld.

Apple said in a statement that it “will continue to engage with the Commission to ensure European consumers have access to the payment option of their choice in a safe and secure environment”.

The commission said the practice “has an exclusionary effect on competitors and leads to less innovation and less choice for consumers for mobile wallets on iPhones.”

Violations

It said it sent a statement of objections to Apple over its practices, a formal step in its investigations into suspected violations of EU antitrust rules.

The case is one of several investigations opened by the EU targeting Apple.

EU regulators are also looking into whether the company has been violating the bloc’s antitrust laws by distorting competition for music streaming by imposing unfair rules for rival services in its App Store.

The commission said Apple Pay is the only mobile wallet solution that may access the necessary NFC input on iOS and blamed Apple for not making it available to third-party app developers.

Today we have send @Apple a statement of objections. We are concerned that @Apple may have illegally distorted competition in the market for mobile wallets on @Apple devices. Now @Apple can answer our concerns.

— Margrethe Vestager (@vestager) May 2, 2022

Apple said its digital wallet service “is only one of many options available to European consumers for making payments, and has ensured equal access to NFC while setting industry-leading standards for privacy and security”.

Ms Vestager said the EU takes security issues very seriously, but insisted that the bloc’s investigation did not reveal evidence that security risks would increase if access were to be granted to third parties.

“On the contrary, evidence on our file indicates that Apple’s conduct cannot be justified by security concerns,” she said.

Related: Another Brexit calamity: UK drivers now ‘BANNED’ from driving in Spain

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Moscow Places First Among European Cities in Coronavirus Resilience Innovation Index

Yoga master has not had cold in almost twenty years…because he snorts cup of his own wee

Boris Johnson demands a Brexit plane & it must be more colourful than PMs

Richer than the Queen: Sunak family’s huge wealth not declared by chancellor

Newcastle United owner’s company Sports Direct acquires another brand

Distraction alert! Military drafted in to tackle migrant crossings

EU migrants donate Settled Status refunds to charity campaigning against Hostile Environment policies

Brexit has ‘brought problems’ for fishing industry over 8,000 miles away

Johnson unveils India trade package – but EU leaves UK trailing in its wake

Digital Technology Saves Precious Memories

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.