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The European Union has has objected to how Apple denies other firms use of the same iPhone technology that drives Apple Pay.

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As predicted, the EU has issued what it calls a preliminary view over Apple’s control of the NFC contactless payment technology used by Apple Pay in the iPhone.

According to the Wall Street Journal, the European Commission has issued a statement of objections. It says that Apple restricts competition in the mobile-wallets market, and that its preventing developers from using the technology was done to benefit its own Apple Pay solution.

The statement of objections has been issued to Apple in writing. Following this preliminary view, a fuller investigation is continuing.

Should the final investigation concur with this early report, Apple could potentially face fines of up to 10% of its global turnover.

Apple has yet to comment publicly.



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