A joint venture of Vodafone, Telefónica SA, and Everything Everywhere (which itself is a joint venture of France Télécom and Deutsche Telekom AG) in the field of NFC payments is now being investigated by European Commission authorities, according to the Wall Street Journal. It’s no secret that the young, NFC-based mobile payment industry seems to resemble complete anarchy. Several of these joint ventures are already following questionable (IMHO) practices, such as Verizon banning Google Wallet on the Galaxy Nexus.
Android Phone
See also:
aboutit, European Commission opens investigation into UK NFC payments joint venture
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