EU accepts Apple's commitments to open contactless payment technology

BRUSSELS, July 11 (Xinhua) -- The European Commission announced on Thursday that it has accepted Apple's legally binding commitment to allow third-party access to its contactless payment technology, a move aimed at boosting competition in the mobile payment sector.

The decision follows a formal antitrust investigation initiated in June 2020, which concluded in 2022 with a preliminary finding that Apple had abuse