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Apple Compelled to Give Access to iPhones in Europe

Apple has made a 10-year commitment to open the near field communication (NFC) capabilities in iPhones to outside developers for use in tap-to-pay mobile wallets starting July 25, 2024. The European Commission (EC), which proposes legislation in the European Union (EU) and conducts antitrust investigations in the 27-country bloc, has pursued Apple since June 2020 over its practice of denying access to iOS, the iPhone operating system. It was the opinion of the EC that maintaining exclusivity over iOS was aimed at preventing third-party developers from launching mobile wallets that could com...

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July 2024
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