Way back in January, Apple announced policy changes that would allow Apple Pay rivals to get the same access to the NFC contactless chip inside the iPhone. This includes allowing banking and alternative wallets apps to present themselves when the phone is held near a NFC terminal, or when the user double-clicks the side button.
Following some amendments, the EU has finally announced today that it is satisfied with these concessions, and is closing a four-year investigation into Apple’s alleged anti-competitive practices regarding Apple Pay.