Here's How PayPal Helped Trigger EU Antitrust Allegations Against Apple
PayPal Holdings, Inc (NASDAQ:PYPL) helped provoke a formal antitrust complaint against Apple Inc (NASDAQ:AAPL) and its iPhone payments system by raising concerns with the European Commission, Bloomberg reports. Tap-to-pay services rely on near-field communications. Apple allegedly only lets its payment system use the iPhone's NFC chip. Apple's act hampered PayPal, Block, Inc's (NYSE:SQ) Cash App, Samsung Electronics Co, Ltd (OTC:SSNLF),…
Benzinga ·