NFC and competing technologies are revolutionizing mobile payment processing, but the driver of change is not what many would expect.
The European Union has ordered Google to make “sweeping changes” to its business model by extending restrictions being demanded for Web search into the mobile realm. That’s wrong because mobile is fundamentally different for 5 profoundly important reasons.
Although the AT&T/T-Mobile deal has both horizontal and vertical elements, most media and analyst discussion to date has focused on direct competition for wireless subscribers, the classic horizontal concentration question. Regardless of the result there, observers can expect behavioral injunctions, whether by DOJ consent decree or FCC “conditions” to approval, addressing the deal’s vertical factors.
I’m not sure I am altogether comfortable with this technology, yet.
The reaction in Silicon Valley to folks saying they’re from Washington, DC and are “here to help” may just be slightly more favorable going-forward.