Apple Pay has attracted regulatory scrutiny as a result of several expressions of concern about the US tech giant’s mobile payment service, Europe’s antitrust chief said on Thursday, November 7.
Apple Pay has attracted regulatory scrutiny as a result of several expressions of concern about the US tech giant’s mobile payment service, Europe’s antitrust chief stated.
Margrethe Vestager’s comments come after an EU questionnaire, seen by Reuters late last month, showed EU regulators had asked online merchants whether they had been told to use Apple Pay instead of competing services.
“We’ve been asking quite a number of questions because we get many many concerns when it comes to Apple Pay for pure competition reasons,” said Vestager, without specifying who had expressed concern.
“People see it becomes increasingly difficult to compete in the market for easy payments,” she told a news briefing at the Web Summit tech conference in Lisbon.
Full Content: Apple Insider
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