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Apple Pay Joins Facebook's Libra on the EU’s Antitrust Radar

  • EU seeking feedback from payments firms on competition issues
  • Move comes as EU antitrust chief’s team scrutinises Libra
Bloomberg business news
Libra Currency Looks to Address Legitimate Concerns of Regulators, Facebook's Marcus Says

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 providers, banks and app businesses last month about how Apple Inc. devices may favor Apple Pay over other payment solutions, MLex reported. Regulators confirmed they’d sent requests for information to market participants, without naming Apple.