EU regulator accuses Apple of restricting rivals’ access to payment tech

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

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