12:00 PM EDT, 10/16/2026 (MT Newswires) -- Apple (APC.F) is likely to challenge the UK Competition and Markets Authority's push to open the US tech giant's digital wallet technology to rival payment providers, London's Financial Times reported Friday, citing sources. The CMA is expected to release proposals for consultation next week that would recommend changes to iPhone's operating system so users can choose alternatives to Apple Pay when using the tap-to-pay feature, several people familiar with the matter said. Apple and the British regulator did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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