European regulators accused the tech giant of restricting competitors’ access to key technology needed to develop alternatives to Apple Pay.
In a “statement of objections,” which represents a preliminary conclusion to an investigation, released Monday, the European Commission said Apple tried to restrict the “tap and go” technology that plays a major role in its success in mobile wallets — a fast-growing segment of the economy.
“Apple may have restricted competition, to the benefit of its own solution Apple Pay,” Vestager said in a statement. “If confirmed, such a conduct would be illegal under our competition rules.”
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