Saturday, June 22, 2024
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Australian banks lose bitter battle with Apple Pay

The Australian Competition and Consumer Commission has denied authorisation for banks to collectively bargain with Apple and boycott Apple Pay. Read more: www.finextra.com

Australian regulator set to oppose bargaining on Apple Pay

In Australian, bargaining cartels can form with permission from authorities, so the banks are seeking to finally create competitors to Apple Pay on the iPhone. Read more: www.reuters.com

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