Apple would be complying with the instructions of the European Union by allowing the opening of the iPhone’s NFC chip, although it would not be completely satisfied
The European Union He doesn’t take his finger off Apple and is about to conclude its long antitrust investigation, now about the iPhone’s NFC payment system. According to Financial Times, concessions will be made to competitors to give access to said iPhone technology to implement other payment systems with the aim of making the competition open also in this sense. Let us remember that the European Commission is currently about to report whether Apple will be subject to a new fine.
Apple is being pressured by the EU, the next step is mobile payments
The background is clear, the European Commission began to point out Apple in 2022 for violate competition law by preventing its competitors from having access to the NFC chip. Otherwise, Apple was only supporting its payment system, Apple Pay, as the only mobile payment method on the iPhone. Since January, those from Cupertino reported that they would make several changes although it seems that they were not enough.
He agreement by Apple It was forceful, give third-party developers access to the iPhone’s NFC chip so they can create their own payment systems thus avoiding the use of Apple Pay or Wallet. One of the systems that has already raised its hand to work with it is Curve, it is a London-based payment application that is preparing to go into action when it is made official by the EU.
Apple could open the iPhone’s NFC so that there are alternatives to Apple Pay
This agreement is valid for 10 years, so after this time things could change. Apple could consider rejecting this agreement again if it has the necessary elements to demonstrate that it is a violation of user privacy, as it has maintained for a long time.
Apple would be sanctioned (again) if it fails to satisfy the EU
The Financial Times discovered last week that Apple could be fined for failing to comply with the Digital Markets Act. Initially there was talk of a 5% penalty on global annual income but It is likely that the initial 10% that was mentioned when said law came into force will be respected.
The fine would be around 40 billion dollars.. Apple’s revenue in 2023 was no more and no less than $383 billion. For its part, the European Commission would have to be solid in its accusations since the previous report said that the charges for which Apple would be fined are not clear.
Apple and its problems with the European Union due to the App Store
In addition to mobile payments, The App Store has two weak points about which the Commission is not satisfied. The first is for hinder developers preventing them from directing their users to offers outside the Apple environment and secondly basic technology fee. Apple has time to avoid this sanction. Will they be able to get their way in these coming weeks? In March they were fined 1.8 billion euros, although they appealed that decision.
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