ACM Study: Big Techs in the Dutch payment system - summary
Big Tech companies such as Apple, Facebook, Amazon, or Ant Group (Alibaba) must ensure that their platforms or devices are suitable for different providers of payment services. The Netherlands Authority for Consumers and Markets (ACM) argues in favor of a level playing field for all providers of payment services, now and in the future. The current rules can be supplemented by tightened European rules. This is one of the conclusions in the market study into major tech firms on the Dutch payment market. This study was carried out by ACM at the request of the Dutch Ministry of Finance.
Market study into the Dutch payment market
The market study gives an overview of the current and the expected trends and developments regarding Big Tech companies on the Dutch payment market, both online and offline. At the moment, the role of Big Tech companies on the Dutch payment market is still limited, but ACM also sees that Big Tech companies are strengthening their positions on the market through acquisitions and collaborations.