EU steps up investigation into Apple Pay
The European Commission’s investigation into Apple Pay is “moving ahead on top of an investigation into how the iPhone maker requires software developers to use its in-app purchasing system”, the EU’s competition commissioner Margrethe Vestager has told Bloomberg News.
The case is “quite advanced” and “is something that we’re pushing forward”, Vestager said in an interview,
While the EU is weighing potential rules over how phones should grant access to rival payment providers, she sees a need for more urgent action from antitrust enforces.
„Legislation also takes a long time and a lot can happen in the market in the meantime if we don’t investigate”, she said.
Many developers have accused Apple of locking developers in its App Store by onerous contractual obligations. Apple has rebuffed the allegations saying its iPhone payment system keeps customers secure.
Dariusz Mazurkiewicz – CEO at BLIK Polish Payment Standard
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
