US banks invited to join Apple Pay class lawsuit
US banks have been given the green light to pursue a class action lawsuit against Apple over historical fees paid for access to the firm's mobile wallet.
US banks have been allowed to pursue a class action lawsuit against Apple over historical fees paid for access to the company's mobile wallet, Apple Pay. According to Finextra, the lawsuit claims that Apple charged banks fees for access to Apple Pay.
The lawsuit is separate from another case in the UK, where a consumer lawsuit against Apple and Amazon has been partially allowed to proceed. The UK lawsuit alleges that Apple and Amazon agreed in 2018 to limit competition in the sale of Apple products on Amazon's UK marketplace, according to Investing.com and Free Malaysia Today. The claims relate to Apple products bought through Amazon's marketplace.
The UK tribunal valued the part of the case allowed to proceed at between £289 million and £306 million, including interest. Judge Kelyn Bacon said the claims relating to Amazon marketplace purchases were "plausible, credible and grounded in the facts".
Brief written by urgent.news from Finextra, Free Malaysia Today, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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