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Technology giant Apple Inc. faces a class action lawsuit filed by Venmo and Cash App users for allegedly abusing its market power to curb competition for mobile peer-to-peer (P2Pvenmo cash users sue apple payment) payments, leading to inflated fees.

Apple is reportedly facing a lawsuit filed by four venmo cash users sue apple paymentusers of Venmo and Cash App.. The lawsuit alleges that Apple has abused its market power in the mobile peer-to-peer payment industry, limiting ...

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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