UK Antitrust Regulator Targets Apple's iPhone NFC Access

• The UK's antitrust watchdog, the Competition and Markets Authority, targets Apple's control over iPhone NFC technology.
• Apple is accused of making it difficult for third-party developers to create alternatives to Apple Pay.
• The CMA claims that Apple's compromise terms still hinder the development of rival payment services.
• The UK proposes forcing Apple to open up its contactless technology to fintech rivals.
• The move aims to foster competition in the digital wallet market.