![]() ![]() The idea is to exert complete control over apps on iPhones and iPads. The plaintiffs argue that Apple employs a range of measures, including hardware-enforced App Store exclusivity and pledged restrictions on web browser technology. This comes after the company prohibited the integration of decentralized cryptocurrency technology in both existing and new iOS P2P payment apps. The lawsuit contends that Appleās supposed anti-competitive agreements restrict feature and price competition in the market. The complaint, lodged in a California District Court on November 17, alleges that Apple conspired with payment platforms Venmo and Cash App to limit the use of decentralized digital currency technology, resulting in users having to bear rapidly inflating prices. Apple faces legal action as discontented consumers filed a class-action lawsuit accusing it of deliberately obstructing virtual currency technology in peer-to-peer (P2P) payment apps. ![]()
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