Plaintiffs suing Apple over peer-to-peer payments have ‘one more shot’ at antitrust claims, judge says

By Chris May ( March 21, 2024, 21:34 GMT | Insight) -- Customers of peer-to-peer payment apps on iPhones suing Apple over alleged antitrust violations will have “one more shot” to file an amended complaint, a US federal judge said today.Customers of peer-to-peer payment apps on iPhones suing Apple over alleged antitrust violations will have “one more shot” to file an amended complaint, a US federal judge said today. He said the plaintiffs have “gerrymandered” markets and that their standing seems “too attenuated even for an Article Three standard.” The plaintiffs filed a proposed class action in 2023 alleging Apple has entered into anticompetitive agreements with its competitors in the iOS peer-to-peer payment market, including Venmo, Cash App, and Google Pay (see here)....

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Plaintiffs suing Apple over peer-to-peer payments have ‘one more shot’ at antitrust claims, judge says

Prepare for tomorrow’s regulatory change, today

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