Apple Faces Class-Action Lawsuit Over Crypto Payments Restrictions

Coin Edition
Coin Edition

21 Nov 2023 7:03 PM

Apple faces a lawsuit over alleged anti-competitive laws resulting in limited peer-to-peer payment options for customers. Read more....

  • A group of customers has filed a class-action lawsuit against Apple over payment restrictions.
  • The customers claim that Apple restricted the use of decentralized technology in payment apps, causing users to pay inflated prices on alternative options.
  • The lawsuit alleges that Apple entered into anti-competition agreements with PayPal's Venmo and Block's Cash App.
  • The customers seek to recover excessive fees paid and want injunctive relief to prevent Apple from entering into and enforcing anti-competitive agreements.

The article highlights a negative sentiment towards Apple, as customers are dissatisfied with the company's payment restrictions and allege anti-competition practices.

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You May Ask

What is the class-action lawsuit against Apple about?How did Apple restrict the use of decentralized technology in payment apps?What are the customers seeking to recover in the lawsuit?Which companies did Apple allegedly enter into anti-competition agreements with?What did the Court of Appeals for the Ninth Circuit find regarding Apple's app policies?

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