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EU to approve Apple mobile payments system reform offer, Reuters reports
The Fly

EU to approve Apple mobile payments system reform offer, Reuters reports

Apple’s offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon as next month, people familiar with the matter told Reuters. Apple’s bid to settle the four-year investigation would help the company avoid a potential hefty fine that could be as much as 10% of its global annual sales, the report noted.

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