> Apple's agreements limit "feature competition" within peer-to-peer payment apps, including prohibiting existing or new platforms from using "decentralized cryptocurrency technology," the complaint said.
> The lawsuit seeks an injunction that could force Apple to divest or segregate its Apple Cash business
> The plaintiffs in the new lawsuit alleged Apple, Venmo and Cash App "have repeatedly raised prices for transactions and services with no competitive check."
> They argued that a peer-to-peer app based on "decentralized" crypto technology "would allow iPhone users to send payments to each other without any intermediary at all."
> The lawsuit said Apple has excluded from its App Store at least two Bitcoin wallet apps, Zeus and Damus, which is backed by Block founder Jack Dorsey.
If I understand the claim correctly, the plaintiffs are arguing that Apple is colluding with Paypal and Cashapp to restrict cryptocurrency wallet apps from the App Store, which drives up the cost of p2p payments?
Good luck I guess.