Apple defends NFC fees in Brazil, citing small market share

Apple is fighting a Brazilian antitrust investigation into its NFC payment policies, arguing its fees are legal and its iPhone market share is small. The company is facing scrutiny over its restrictions on NFC chip use in iPhones and the fees it charges for NFC transactions, particularly concerning the Pix payment system. Apple claims its 10% market share in Brazil negates any monopoly concerns and that Brazilian law doesn't prohibit service fees. The investigation stems from complaints by Brazilian banks and associations, who accuse Apple of creating competitive barriers and favoring its Apple Pay service. Apple has previously opened NFC access in other regions, but still charges fees.