Apple to defend mobile payment system at EU hearing on February 14, sources say | – #Apple #defend #mobile #payment #system #hearing #February #sources
BRUSSELS, 10 February (Reuters) – Apple Inc ( AAPL.O ) will try to convince EU antitrust regulators at a closed hearing on Monday that it will not block competitors’ access to its technology used for mobile wallets, people familiar with the matter said. , the last chance to do so before possible hefty fines.
Europe Commission and national competition officials, Apple The hearing, which will feature executives and complainants, comes nine months after the EU’s competition watchdog accused the company of abusing market power.
The EU antitrust authority said that Apple’s anti-competitive practices date back to the launch of Apple Pay in 2015.
The commission refused to comment. Apple, referring to the announcement made last year, Apple Pay Europe is just one of many options available to its consumers, and that it provides equal access to near-field communication (NFC) technology.
If found guilty of antitrust violations, the company’s global turnover 10may be fined up to %. It is also the target of accusations of abusing its dominance in the EU music streaming market in a case brought by Spotify ( SPOT.N ). So far, the EU has not taken a decision on this issue.
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Report by Foo Yun Chee; Edited by Jonathan Oatis
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2023-02-11 04:51:41
Source – reuters
Translation“24 HOURS”