Possible scenario
Moderate Fee Remedy
45% Chance
The UK Competition and Markets Authority converts its proposal into a pragmatic remedy that lowers Apple Wallet and iPhone NFC-related fees without banning Apple from charging altogether. This is the most likely path because it mirrors the EU's 2024 settlement approach while reflecting the CMA's October 2026 push to open Apple Wallet to rivals.
Secondary impacts
- Technology -0.5%
- Finance +0.3%
Tickers
- AAPL-1.0%
Portfolio impact
S&P 500-0.2%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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