The CEO of Apple Tim cook We’ll be meeting with the European Union’s antitrust chief, Margrethe Vestager, just as we find ourselves in the middle of a series of disputes between the company and the EU.
Margrethe Vestager He will also meet with the CEOs of Alphabet, Broadcom and Nvidia, as well as top executives from OpenAI. The meetings will take place on Thursday and Friday of next week in San Francisco and Palo Alto and will focus on European competition policy and digital regulation.
In December, Apple gave Apple Pay competitors the opportunity to access the iPhone’s NFC technology for contactless payments in the EU. The aim of the decision is to settle an ongoing antitrust dispute and avert a possible fine. The European Commission is currently asking Apple’s competitors and customers for feedback before accepting the offer. Therefore, it is very likely that the matter will not be discussed until next week.
Apple also faces other challenges in the EU that will almost certainly be discussed, such as a $14 billion tax dispute.
Additionally, the EU DMA is expected to force Apple to make significant changes to how the App Store, FaceTime and Siri work in Europe. For example, in the coming months, Apple will be forced to allow users to install third-party app stores and allow developers to promote their offerings outside of the “App Store” and use third-party payment systems.