02:12 PM EDT, 04/19/2024 (MT Newswires) -- Apple ( AAPL ) is expected to get approval from European Union antitrust regulators to allow rivals to access its tap-to-pay system using iPhones, Reuters reported Friday.

The European Commission is now waiting for Apple ( AAPL ) to work out the final technical details of the offer after the company was asked to tweak some of the terms, according to the report, citing people familiar with the matter.

Apple's ( AAPL ) offer followed an investigation by the commission, which raised anticompetition concerns about the iPhone maker's market dominance.

Neither Apple ( AAPL ) nor the commission immediately responded to MT Newswires' requests for comment.

(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.)