[New post] EU regulator accuses Apple of restricting rivals’ access to payment tech

Techie.Buzz posted: " Europe's antitrust regulator accused Apple of restricting rivals' access to its payment technology, a move that could potentially compel it to change how the company's system works and open up the company to a large fine. The European Commission said" EU regulator accuses Apple of restricting rivals' access to payment tech Techie.Buzz May 3 Europe's antitrust regulator accused Apple of restricting rivals' access to its payment technology, a move that could potentially compel it to change how the company's system works and open up the company to a large fine. The European Commission said in a press release on Monday that it had "informed Apple of its preliminary view that it abused its dominant position in markets for mobile wallets on iOS devices." The statement of objections the Commission delivered to Apple outlines suspected violations of Europe's antitrust rules, but does not necessarily determine the final outcome of the investigation. Link: EU regulator accuses Apple of restricting rivals' access to payment tech via http://www.cnbc.com Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from Techie.Buzz. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://techie.buzz Powered by WordPress.com