PARIS—Digital payment services developed by U.S. tech giants such as Apple and Alphabet’s Google risk reinforcing their market power by giving them greater sway over consumers’ data, France’s antitrust authority said on Thursday.
The remarks, part of a 127-page opinion, follow a one-year inquiry into new payment technologies and shine a light on the watchdog’s views in the field, marked by a proliferation of smartphone banking apps, such as Britain’s Revolut and Germany’s N26.
