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by sentinel 1722 days ago
Turns out making up "antitrust" cases against US companies is a great source of income for the European Union.
4 comments

This is a pretty clear case though, it's the same situtation in Norway.

The country wide standard BankAxept, that has low fees (0.024USD per transaction), is used for almost all other card transactions, but Apple use their NFC monopoly to charge stores exorbiant VISA network fees when people use their Apple devices to pay. If the blockage of BankAxept on Apple Pay is allowed to continue it could cost the Norwegian economy hundreds of millions of dollars in just monopoly fees.

> Turns out making up "antitrust" cases against US companies is a great source of income for the European Union.

That "great source of income" contributes less than 1% of EU income.

They're definitely treating them as an ATM, but these claims are far from "made up".
Seems to be so.