venmo cash users sue apple payment|Apple hit with second class action lawsuit over P2P payments,meredith baxter

An anonymous reader quotes a report from Reuters: Apple has been sued by Venmo and Cash App customers in a proposed class action claiming the iPhone maker。

Apple is being sued by Venmo and Cash App customers in a class action lawsuit, accusing the company of using its market power to limit competition in the mobile peer-to-peer payments sector.

The plaintiffs in the new lawsuit alleged Apple, Venmo and Cash App “have repeatedly raised prices for transactions and services with no competitive check.” They argued。

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