Possible scenario
Tougher CMA Order
20% Chance
The regulator concludes that fee reductions alone are insufficient and imposes a more aggressive remedy on Apple Wallet and NFC access. This would increase read-through risk for other jurisdictions and create a clearer opportunity for banks and fintech wallets.
Secondary impacts
- Technology -1.3%
- Finance +0.9%
Tickers
- AAPL-2.9%
Portfolio impact
S&P 500-0.6%
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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