Federal judge dismisses antitrust lawsuit against Apple regarding cryptocurrency app fees.
A federal judge has dismissed an antitrust lawsuit against Apple, claiming that users of Venmo and Cash App paid higher fees due to Apple's rules regarding cryptocurrency apps. The judge stated that the lawsuit would not prove an antitrust violation and allowed plaintiffs to amend their allegations. Apple argued that the claims were too speculative and that there are apps in the App Store facilitating decentralized cryptocurrency transactions.
March 27, 2024
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