Access to NFC technology like Apple Pay needs new rules, says Dutch body"The investigation confirms the previously identified anticompetitive concerns on the Dutch market for payment apps."
What you need to know
A Dutch market authority says more rules are needed in the NFC payment market.
It could prompt a look at technology like Apple Pay.
The body says it welcomes further European rules to increase competition.
A Dutch market authority says further rules are needed to curb anticompetitive practices in the market of NFC payment technology on smartphones such as Apple Pay.
In a release published today the Netherlands Authority for Consumers and Markets stated:
The Netherlands Authority for Consumers and Markets (ACM) will close its investigation into payment apps' access to NFC technology installed in devices such as smartphones. NFC technology offers the ability to make contactless payments using smartphones in brick-and-mortar stores. The investigation confirms the previously identified anticompetitive concerns on the Dutch market for paym...
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Access to NFC technology like Apple Pay needs new rules, says Dutch body
