Judge Tosses Out Cryptocurrency Apple Antitrust Lawsuit Filed by Venmo Customers

[ad_1] A lawsuit targeting Apple’s refusal to allow apps to support cryptocurrency transactions was today tossed out by a San Francisco judge, reports Reuters. The lawsuit, which was filed by Venmo and Cash App customers, claimed that Apple drove up the fees charged by Venmo and Cash App by not letting payment apps facilitate cryptocurrency … Read more

Why the Apple antitrust case is weak

[ad_1] The Department of Justice’s monumental Apple antitrust case appears weak. Still, the civil lawsuit, filed Thursday, represents the biggest legal challenge to Apple’s power in the company’s 47-year history. If successful, the lawsuit could force Apple to fundamentally change the way it makes products and conducts business. A similar action against Microsoft in the … Read more

Justice Department files antitrust lawsuit against Apple

[ad_1] The Department of Justice and more than a dozen states have filed a lawsuit against Apple in the US federal court, accusing the company of violating antitrust laws. It says Apple’s hardware and software products are largely inaccessible to competitors, making it difficult for rivals to compete and for customers to switch to other … Read more

Apple Facing Imminent U.S. Antitrust Lawsuit

[ad_1] The United States Justice Department is preparing to sue Apple for violating antitrust law as soon as Thursday, reports Bloomberg. The lawsuit will be the culmination of an investigation that initially started in 2019 as an antitrust review of major technology companies. U.S. regulators have already sued Google, Meta, and Amazon. Over the last … Read more

EU Antitrust Chief Warns Apple About App Store Fees and Safety Warnings

[ad_1] Key parts of Apple’s compliance with the Digital Markets Act (DMA) are set to be investigated by European regulators based on developer feedback, the EU’s antitrust chief warned on Tuesday. In an interview with Reuters, the European Commission’s Executive Vice-President Margrethe Vestager said that Apple’s introduction of new fees was already being looked at … Read more