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ARTICLE · 29 JULY 2024

Antitrust In Focus – July 2024

A&O Shearman
A&O Shearman
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This newsletter is a summary of the antitrust developments we think are most interesting to your business.

GlobalAntitrust/Competition Law

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Partners Brian Hauserin Washington D.C. and Puja Patel in New Yorkare our editors this month. They haveselected:

Apple’s commitments in EU Apple Pay probe shed light on interaction between antitrust enforcement and Digital Markets Act

The European Commission (EC) has accepted legally binding commitments from Apple to end an antitrust investigation into the tech company’s practices in relation to its mobile wallet, Apple Pay.

After a preliminary review, the EC found that Apple has significant market power in the market for smart mobile devices and a dominant position in the in-store mobile wallet market on its operating system iOS.

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