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Antitrust Lawsuit Against Apple Advances with Support from Banks and Credit Unions
An antitrust lawsuit against Apple, which alleges the company blocks competition in the tap-to-pay market, is advancing with support from banks and credit unions. U.S. District Judge Jeffrey White has certified a class of plaintiffs and denied Apple's motion to exclude certain expert testimony. The lawsuit claims Apple collects significant fees from card issuers and seeks reimbursement and changes to Apple's policies.
Our neutral summary
An antitrust lawsuit against Apple, which alleges the company blocks competition in the tap-to-pay market, is advancing with support from banks and credit unions. U.S. District Judge Jeffrey White has certified a class of plaintiffs and denied Apple's motion to exclude certain expert testimony. The lawsuit claims Apple collects significant fees from card issuers and seeks reimbursement and changes to Apple's policies.
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