The banks revealed they had removed the request for collective negotiation on the potential to pass-through the fees Apple intends to impose on the payment system to their customers in Australia.
Australian banks are set to lose their bitter struggle to win collective bargaining rights over NFC access to iPhones as the country's anti-trust regulator issues a draft determination in favor of Apple, according to a new report from the Wall Street Journal. The banks - Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank,...