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ARTICLE · 10 APRIL 2014

Mobile Payments Systems: Potential Competition Concerns

Mayer Brown
Mayer Brown
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The mobile payments systems ("m-payments") ecosystem encom¬passes hardware manufacturers, operating system developers, applica¬tion developers, data brokers, coupon and loyalty program administrators, payment card networks, telecommu¬nications providers, advertising companies, brands and end mer¬chants.

European UnionAntitrust/Competition Law
Manu Mohan
Manu Mohan
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The mobile payments systems ("m-payments") ecosystem encompasses hardware manufacturers, operating system developers, application developers, data brokers, coupon and loyalty program administrators, payment card networks, telecommunications providers, advertising companies, brands and end merchants. Smart phones and payment cards, by themselves, have invited scrutiny from competition regulators, and it is likely that the convergence of the multitude of players, technologies and participants for the development of m-payments will be closely monitored by competition regulators.1

The European Commission ("Commission") has already examined three transactions relating to m-payments.2 It is also understood that the Commission has in December 2013 constituted a group bringing together officials from several departments covering antitrust law, technology, consumer rights, industry and the internal market to examine new payment technologies. Sets of competitors have formed

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