The US tech giant Apple has made concessions in a long-running EU competition probe into the company’s pay system that may avert huge fines, the European Commission said on Thursday. Apple legally committed to allow rivals access to their one-touch payment system called Tap and Go, which “opens up competition in this crucial sector,” EU Competition Commissioner Margrethe Vestager said in a statement. In May 2022, a commission investigation provisionally found that the Apple Pay system is infringing EU competition rules by restricting rivals access to essential technology and distorting the mar…