antitrust laws

EU Antitrust Action Against Apple

EU Antitrust Action Against Apple there will be “less innovation and fewer choices for customers” due to the “exclusionary impact.” The European Union (EU) is increasing its antitrust examination of Apple Inc. (AAPL), with the digital wallet Apple Pay being a particular focus. As far as European authorities are concerned, Apple is stifling competition by denying its devices’ hardware and software access to competitors developing mobile wallet apps. Margrethe Vestager,