ACCC rejects the banks colluding to bargain on Apple Pay
- Written by Steve Worthington, Adjunct Professor, Swinburne University of Technology
The Australian Competition and Consumer Commission (ACCC) is planning to deny the Commonwealth Bank of Australia (CBA), Westpac, National Australia Bank (NAB) and Bendigo and Adelaide Bank (the banks), petition to collectively bargain with and boycott Apple on Apple Pay.
Justifying the decision, ACCC chairman Rod Sims said that the likely benefits...
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