Apple avoids paying heavy fines from its total annual sales! After a four-year dispute for Apple to open tap-to-pay technology to its competitors. Now the final step is waiting for the approval of the European Union Antitrust Organization, which will be issued next month, which will approve or not the actions taken by Apple. Here are all the details…
Apple opens tap-to-pay technology to its competitors
Reuters reports that Apple will allow developers to use tap-to-pay technology in the coming days. Apple is currently awaiting approval from the authority Antitrust in the European Union. All of this to avoid the heavy fines that were about to be paid, which amounted to 10% of global annual sales.
It is worth noting that the tap-to-pay technology, or NFC, provided by Apple allows for making any payment without any contact, using the mobile phone wallet. This technology is also considered one of the most important methods that cannot be dispensed with in our current era.
What is Apple's motivation for opening up pay-per-click technology to competitors?
It all started when Apple was accused by the European Commission of misusing its position in the global market. This is done by preventing competition through the Apple Pay wallet and preventing other wallet app developers from accessing tap-to-pay technology.
But Apple corrected course last January by allowing its competitors access to near-field communication technology, or NFC. All of this is done through iPhones or Apple devices in general. But without using Apple applications (Apple Pay or Apple Wallet). Apple confirmed that it allowed its competitors to use NFC technology based on fair, clear and non-discriminatory standards. In addition, the European Union asked Apple to amend some conditions. This is based on the opinions of competitors and customers at that time.
As for the position of the European Commission at the present time, it is in the direction of acceptance, not rejection. This is likely to happen during next May.
There is no doubt that Apple did the right thing, and it is not worth the risk in any way. As it was already subjected to a fine of about 1.84 billion euros last month in its case with Spotify over thwarting competition in the music streaming market.
Apple has discontinued FineWoven products after user complaints
New criticism from Apple users! Some sources confirm that Apple has stopped production lines for FineWoven products that were launched last year. It is worth noting here that Apple has promoted these products as environmentally friendly. But after launching these products, Apple received many complaints from users. Users felt that the products scratched and stained quickly. In addition, the products are not of the usual quality from a company like Apple.
FineWoven products have a much lower carbon footprint than the leather materials that Apple ditched. Apple also replaced the leather materials with a durable cotton fabric made from the usual polyester. But all these details did not help Apple, and all the products were attacked by users. On the other hand, some pointed out that the products have a high price compared to their quality and use.
So far, leaks indicate that Apple will launch FineWoven alternatives in conjunction with the launch of the upcoming iPhone 16 and the anticipated Apple Watches.
Source:
European Union for Education and Deconfliction Thank you 👋🏽
Apple doesn't know where you can find it 😀
With all due respect to the Phone Islam company, by God, I prefer Samsung Galaxy devices, and I currently have an iPhone, but I say that it is forbidden to buy a new phone, which is the iPhone. Frankly, I have it 100%, but because of Apple’s positions on the Palestinian issue, I want to leave it.
I expect that Apple has lost its market