Apple Faces Antitrust Lawsuit Over iOS Apple Pay’s Alleged Dominance

Date:

A California judge has partially denied Apple’s request to dismiss a proposed class-action lawsuit over Apple Pay. Three credit unions claimed that Apple violated the Sherman Anti-Trust Act by charging excessive processing fees and being exclusionary by not allowing other digital wallets to access its NFC-scanning hardware. The judge agreed with the credit unions’ argument that Apple Pay’s convenience and functionality make it a unique market, and that Apple would face competition if not for its monopoly over the NFC reader. The judge also acknowledged that Apple Pay’s “arbitrary and inflated fees” and lack of competition are detrimental to consumers.

Lawyers representing the credit unions further alleged that Apple Pay is “unlawfully tied” to Apple devices. While the judge agreed with Apple’s argument that the claim falls flat because Apple Pay is free and users are not forced to use it, he considered the claim of Apple’s monopoly to be “plausible.” The judge noted that the lack of NFC access for third-party apps is anticompetitive. This echoes a preliminary ruling by the EU in 2022, which also deemed Apple Pay to be anticompetitive due to its exclusionary use of the iPhone’s NFC reader.

Apple and the credit unions will face each other in court again on December 1st at 11AM PT to further address the issues raised in the lawsuit.

Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Waterfront Restoration’s Expert Aquatic Weed Removal in Long Lake, MN

Frustrated by the weeds and invasive species preventing his...

Leading-edge Irrigation Maintenance Services in Port Charlotte, FL by Shaffer’s Irrigation

Boosting the health of your landscape through efficient irrigation...

Experience Remarkable Terrazzo Refurbishing in Sarasota, FL with Intra State Terrazzo and Concrete

Keen on understanding the intricacies that underline the worth...