Apple sued over Apple Pay, accused of antitrust violations | Curio

Apple sued over Apple Pay, accused of antitrust violations

4 mins | Jul 24, 2022

Has Apple violated anti-trust laws? By tying its mobile devices and wallets together, Apple has avoided competition from rival payment apps, causing financial services company Affinity Credit Union to launch an anti-trust lawsuit. Malathi Nayak investigates why the Cupertino-based company has been accused of illegally profiting from payment card issuers through Apple Pay.

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From Bloomberg

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