DOJ says Apple’s “complete control” over tap-to-pay transactions stops innovation, cements its monopoly

This post is by Ingrid Lunden from TechCrunch

In its wide-ranging antitrust complaint against Apple and its iPhone business, the U.S. Justice Department takes specific aim against Apple’s massive financial business, specifically how it uses Apple Pay to prohibit competition and make large amounts of money in the process, to the tune of billions in annual revenues. The DOJ alleges that is not […] © 2024 TechCrunch. All rights reserved. For personal use only.