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

1 Mobility Needs

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

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 block competition and make billions of dollars a year in the process. The DOJ alleges that Apple is not only stifling competition among payment services, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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

2024-03-22 05:04

12 views

Same Tag Posts

  1. YouTube now lets you request removal of AI-generated content that simulates your face or voice ()
  2. Fintech company Wise says some customers affected by Evolve Bank data breach ()
  3. Supreme Court sends Texas and Florida social media regulation laws back to lower courts ()
  4. Gifting on-demand startup Afloat goes nationwide ()
  5. Drive brand impact with a Side Event at TechCrunch Disrupt ()
  6. AI-powered scams and what you can do about them ()
  7. Identity.vc is bringing capital and community to Europe’s LGBTQ+ venture ecosystem ()
  8. Robot cats, dogs and birds are being deployed amid an ‘epidemic of loneliness’ ()
  9. Apple reportedly working to bring AI to the Vision Pro ()
  10. ServiceNow’s generative AI solutions are taking advantage of the data on its own platform ()

Same Category Posts