Apple faces charges over Apple Pay following EU antitrust complaint – TechCrunch
TechCrunchAUG 2022
While the US has failed to pass any meaningful legislation to crack down on Big Tech, the EU – in taking on Apple and recently passing the Digital Services Act and the Digital Markets Act – has shown that it's willing to lead the way in reigning in these giant corporations.
While the EU's aims are well-intentioned, its requirement that Apple further open up its payment systems for third-party developers could undermine the privacy and security of the iPhone in service of some other aim. The EU needs to examine what levels of risk they're willing to tolerate in return for greater competition.