Payments News

Apple Pay facing additional scrutiny by EU regulators over competition questions

Nov 12, 2019

Apple Pay is facing increased scrutiny by European regulators as officials are looking deeper into concerns that the mobile wallet may be using its dominant position in certain markets to crowd out competition from rival services that operate on the Android platform.

Commissioner Margrethe Vestager, the lead competition regulator in the EU, said during a press conference at the Web Summit in Lisbon that there have been additional questions raised about Apple's market behavior of late.

By David Jones

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