Apple is reportedly settling with the EU to avoid a massive antitrust fine by allowing rivals more access to its NFC technology. This concession aims to resolve accusations that Apple restricted competitors' use of "tap-and-go" chips to favor Apple Pay. The finalized settlement could potentially save Apple up to $40 billion in fines.
Apple is reportedly settling with the EU to avoid a massive antitrust fine by allowing rivals more access to its NFC technology. This concession aims to resolve accusations that Apple restricted competitors' use of "tap-and-go" chips to favor Apple Pay. The finalized settlement could potentially save Apple up to $40 billion in fines.