PayPal Helped Spur EU Antitrust Complaint Against Apple Payments

PayPal helped spur a formal antitrust complaint against Apple and its iPhone payments system by raising concerns with the European Commission, Bloomberg reported, citing people with knowledge of the matter. From the report: European regulators hit Apple with a so-called statement of objections on Monday, arguing that the iPhone maker abuses its control over mobile payments. The complaint centers on the company reserving the iPhone's tap-to-pay abilities for its own Apple Pay service, rather than letting rival payment platforms use the feature. PayPal, which has its own payment service, was one of multiple companies making informal complaints about the situation to the commission, said the people, who asked not to be identified because the discussions were private. PayPal offers a tap-to-pay option on Android phones and wants to be able to offer the same feature on Apple's iPhone.

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