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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。

Apple Inc has been sued by Venmo and Cash App customers in a proposed class action claiming the iPhone maker abused its market power to curb competition for mobile peer。

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 (P2P) payments, leading to inflated fees.

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