Paul Sandle / Reuters : The UK CMA proposes measures requiring Apple to provide easier access to its contactless tech and reduce access fees, with a consultation until November 17 — Britain's competition regulator said on Tuesday it was seeking to loosen Apple's grip on contactless payments by proposing …
The UK CMA proposes measures requiring Apple to provide easier access to its contactless tech and reduce access fees, with a consultation until November 17 (Paul Sandle/Reuters)
In short
The UK CMA is proposing measures to make Apple's contactless payment technology more accessible and reduce access fees, aiming to increase competition and accessibility. The consultation period ends on November 17.
Key points
- The CMA is proposing measures to increase competition and accessibility.: The CMA is proposing measures to increase competition and accessibility.
- The consultation period is set to end on November 17.: The consultation period is set to end on November 17.
- The aim is to reduce access fees and loosen Apple's control over contactless payments.: The aim is to reduce access fees and loosen Apple's control over contactless payments.