Brussels has accepted a series of measures from Apple that give the iPhone maker’s rivals access to its contactless payments technology system, avoiding a hefty fine for the company and concluding a long-running antitrust probe.
The US tech giant, as a concession to EU demands, will allow developers to enable its “tap-and-go” technology or near-field communication (NFC) to use Apple Pay and Apple Wallet as “an easy, secure and private way to pay, as well as present passes”, it said on Thursday.
Apple will thus avoid a hefty fine and a formal accusation that it has broken EU law. The move marks a brief truce between the two after a number of antitrust accusations from European regulators.