Friday 31 March 2017

Apple sends warning to banks with Australian mobile payments decision

Time to get tough with the (mostly) American Oligopolies (that try to become de-facto monopolies). If Apple sells a phone it should not be allowed to control the content. In the case of payment systems there should in any case a requirement to make them open to all. There is only one telephone network for landlines, imagine the Telcos could tell you who you would be allowed to call!
So break up Apple, the USA  trustbusters of the early 19th century knew what they had to do!
Same for Google, Yahoo, Facebook - not control of search history or mixing search function with other lines of business.
Amazon should only be allowed to sell for other businesses or on its own account. Running a platform as well as a business is clearly stifling competition.
Apple sends warning to banks with Australian mobile payments decision

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