Germany has implemented a new law requiring Apple to open its NFC technology to third parties. That is, NFC in Germany will not only be for Apple Pay but for any payment service that wants to use it.
This is the first time Apple has been required to open a service to third parties. This service has already brought the American company millions over the years.
Apple disputes Germany's measure and says it's not safe
Of course Apple on hearing the information was not happy. First impressions of Cupertino's company are of concern. However, we have a question about this concern.
According to Apple, "Action in Germany to force open its Apple Pay payment system to rivals could undermine data protection and the security of financial information."
However, competitors do not claim that this is Apple's main concern. Instead, Apple is said to be concerned for the first time about losing a monopoly it has built.
Apple excels at monopolies
Apple Watch only works with iPhone, iOS has unique integration with MacOS, and iMessage remains reserved for Apple customers. These strategies also include a payments service that is restricted only to banks that partner with Apple to get Apple Pay.
That is, there is a monopoly here that Germany does not like. Both Apple and Google monopolies have been carefully explored in Europe. Google, for example, will no longer be able to pre-install Google Chrome on Android smartphones to give competitors more opportunity.
We will see what this will give and I sincerely hope that Germany will not be the only one to implement such measures to the technological giants. There is nothing better than good competition in this industry.
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