Technology: Margrethe Vestager's Nagging iPhone Helps Put Apple Pay on Antitrust Radar - Margrethe Vestager, the most powerful woman in Europe and the beast of GAFA - PressFrom - US
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Technology Margrethe Vestager's Nagging iPhone Helps Put Apple Pay on Antitrust Radar

16:35  18 october  2019
16:35  18 october  2019 Source:   bloomberg.com

Vestager Calls Tech Firms Robot Vacuum Cleaners Sucking Up Data

Vestager Calls Tech Firms Robot Vacuum Cleaners Sucking Up Data Technology firms are “robot vacuum cleaners” sucking up valuable data in a way that can undermine competition, European Union antitrust chief Margrethe Vestager said in a speech Tuesday. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

Margrethe Vestager ’ s iPhone has been nagging her to install Apple Pay . Now she’s checking if those prompts are a problem for other payment providers. Apple declined to immediately comment on the EU inquiry, which is another potential headache for the U.S. giant as it fights a record 13 billion-euro

(Bloomberg) -- Mobile payments services such as Apple Pay are in European Union antitrust chief Margrethe Vestager ’ s cross-hairs, weeks after her team sought industry feedback about Facebook Inc.’s planned Libra digital currency project. The European Commission asked online- payment

(Bloomberg) -- Margrethe Vestager’s iPhone has been nagging her to install Apple Pay. Now she’s checking if those prompts are a problem for other payment providers.

a close up of a computer: Different colored Apple Inc. iPhone 11 smartphones stand on display inside the Regent Street Apple store during a product launch event in London, U.K., on Friday, Sept. 20, 2019. Apple's new iPhones with camera enhancements and improved battery life go on sale today.© Bloomberg Different colored Apple Inc. iPhone 11 smartphones stand on display inside the Regent Street Apple store during a product launch event in London, U.K., on Friday, Sept. 20, 2019. Apple's new iPhones with camera enhancements and improved battery life go on sale today.

In an interview with Bloomberg on Friday, Vestager confirmed that regulators are taking a closer look at potential competition issues, describing alerts she’s seen to set up Apple Pay on her own handset.

Margrethe Vestager, Silicon Valley’s Worst Enemy, Set to Get EU’s Top Tech Job

Margrethe Vestager, Silicon Valley’s Worst Enemy, Set to Get EU’s Top Tech Job The regulator who’s made a name for herself by cracking down on tech giants is about to get even more power. Margrethe Vestager was picked Tuesday by EU Commission President-elect Ursula von der Leyen to be her executive vice president in charge of the bloc’s digital affairs –- a post that will hand the Dane broad oversight of issues relating to artificial intelligence, big data, innovation and cybersecurity. Even more concerning for those hoping to avoid billion-dollar fines, Vestager will also keep her job as one of the most feared antitrust regulators. She squeezed huge penalties out of Apple Inc.

Now those concerns have extended to Apple Pay , with EU antitrust chief Margrethe Vestager ’ s office probing whether the company’s pre-installed mobile payments software is playing dirty with the competition Report: EU Antitrust Officials Are Looking Into Apple Pay , iPhone NFC Chips.

Mobile payments services such as Apple Pay are in European Union antitrust chief Margrethe Vestager ’ s cross-hairs, weeks after her team sought industry feedback about Facebook Inc.’s planned Libra digital currency project. Apple Pay Joins Facebook's Libra on the EU’s Antitrust Radar . By.

“We would like to understand how you allow for a different payment system when you yourself have a payment system that is quite insistent to be installed on your phone,” Vestager said. “I still have these red dots. My phone is telling me ‘I don’t feel complete because you have not installed the Apple Pay system.’”

Big technology companies are getting intense attention from regulators over concerns they could leverage their power to march into new industries. EU officials have been seeking industry feedback on how Apple Inc. devices may favor Apple Pay over other payment solutions, weeks after they quizzed companies over how Facebook’s Libra association might curb members or squeeze rivals.

EU’s Vestager Targets Big Tech by Floating Potential Data Rules

EU’s Vestager Targets Big Tech by Floating Potential Data Rules The European Union’s antitrust chief called for more rules to rein in how companies collect and use information, offering the first clues into how she may use new powers to target big technology firms. The EU’s much-vaunted data-protection legislation doesn’t cover how data can be used “to draw conclusions about me or to undermine democracy,” Margrethe Vestager said in a speech in Copenhagen on Friday. “When a few companies control a lot of data about us, that can also help them influence the choices we make.

Margrethe Vestager (Danish pronunciation: [makʁæːˀtə ˈvɛstæːˀɐ]; born 13 April 1968) is a Danish politician nominated as Executive Vice President-Designate of the European Commission from 2019.

European Competition Commissioner Margrethe Vestager speaks during an interview with Reuters at the EU Commission headquarters in Brussels, Belgium Critics say that an NFC chip embedded in the Apple iPhone means that Apple Pay is automatically selected when an iPhone user pays for goods

Apple declined to immediately comment on the EU inquiry, which is another potential headache for the U.S. giant as it fights a record 13 billion-euro ($14.5 billion) state aid order after regulators said Ireland allowed it to pay hardly any tax in the nation. It’s also the target of a Spotify Technology SA complaint to the EU on Apple’s music-streaming service.

While Apple customers can use other banking apps or payment options on their phone, the company has cited security concerns for restricting others’ access to so-called NFC technology for contactless payments.

Increasing competition for payments and a potential risk that some companies may be getting an unfair advantage prompted the EU’s questions on Apple and Facebook, Vestager said. She didn’t rule out checking on other providers, saying she has “a very keen interest in payment solutions no matter who proposes them.”

“Convenience can come with a very big price if it shuts down competition, because then eventually you may have to pay a higher price either in terms of money or fees or in terms of data,” Vestager said. “Payment systems is an obvious place where it is beneficial for consumers that different payment systems can work together.”

To contact the reporters on this story: Aoife White in Brussels at awhi[email protected];Natalia Drozdiak in Brussels at [email protected]

To contact the editors responsible for this story: Anthony Aarons at [email protected], Peter Chapman, Molly Schuetz

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

Apple could be forced to let Apple Pay competitors access NFC under German law .
And Cupertino isn’t happy

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