A proposed German law would require Apple to enable third parties to use its near field communication (NFC) technology. If enacted, the rule would require operators of electronic money infrastructure to offer access to other firms for a fee, Reuters reports.
It has been passed by German Parliament, but must still be approved by its upper house, and would take effect in early 2020, according to Engadget. The law should directly impact Apple Pay because Apple doesn’t currently enable other companies to use the iPhone’s and Apple Watch’s NFC technology, which allows the mobile wallet to facilitate contactless payments.
Apple is claiming that the law could weaken data protection, security of financial information, and user friendliness, per Finextra. These concerns may stem from the risks of unknown and potentially unvetted firms accessing Apple devices’ NFC technology and attempting to steal consumers’ information or not protecting that data appropriately. However, Android devices already offer third parties access to their NFC technology, so this may be a problem that can be addressed.
Full Content: Reuters, Engadget
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
CVS Health Explores Potential Breakup Amid Investor Pressure: Report
Oct 3, 2024 by
CPI
DirecTV Acquires Dish TV, Creating 20 Million-Subscriber Powerhouse
Oct 3, 2024 by
CPI
South Korea Fines Kakao Mobility $54.8 Million for Anti-Competitive Practices
Oct 3, 2024 by
CPI
Google Offers Settlement in India’s Antitrust Case Regarding Smart TVs
Oct 3, 2024 by
CPI
Attorney Challenges NCAA’s $2.78 Billion Settlement in Landmark Antitrust Cases
Oct 3, 2024 by
nhoch@pymnts.com
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh