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Apple Wins Dismissal in Payments Conspiracy Lawsuit from Michael Tsai RSS feed.
Apple Wins Dismissal in Payments Conspiracy Lawsuit
Hartley Charlton: Apple has successfully secured the dismissal of a federal lawsuit accusing it of conspiring with Visa and Mastercard to suppress competition in the payments network industry and inflate merchant transaction fees (via Reuters).[…]The plaintiffs claimed that Visa and Mastercard made ongoing payments to Apple, described as “a very large and ongoing cash bribe,” […]