Apple Faces Class-Action Lawsuit Over Crypto Payments Restrictions
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.