EU accepts Apple pledge to let rivals access ‘tap-to-pay’ tech in antitrust case

The European Union says it’s accepting Apple’s pledge to open up its tap-and-go mobile payment system to rivals as a way to resolve an antitrust case and head off a hefty fine (AP Photo/Matthias Schrader, File)

The European Union says it is accepting Apple’s pledge to open up its “tap-to-pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a hefty fine.

The European Commission, the EU’s executive arm and top antitrust enforcer, said on Thursday that it is accepting the commitments that Apple offered earlier this year and will make them legally binding.