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UK man sues Apple for £1.5B, claiming Apple Pay’s monopoly raised fees for 50M consumers.
A UK campaigner, James Daley, has filed a £1.5 billion class action lawsuit against Apple, alleging Apple Pay’s exclusive control over iPhone contactless technology forced banks to pay hidden fees, which were passed on to consumers, increasing costs on accounts, cards, and loans for up to 50 million people.
The case, submitted to the Competition Appeal Tribunal, claims Apple’s practices created anti-competitive conditions.
Apple denies the claims, stating Apple Pay is free, secure, and offers consumers choice, with recent expansions to third-party apps.
If successful, average payouts could reach £26 per affected person.
Un hombre del Reino Unido demanda a Apple por £1.5B, alegando que el monopolio de Apple Pay aumentó las tarifas para 50M consumidores.