Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed
Apple, Mastercard and Visa have successfully dodged a lawsuit that claimed the companies were colluding to maintain the current status quo in point-of-sale-payment card services, Reuters reports. The original 2023 lawsuit filed by beverage retailer Mirage Wine and Spirits alleged that Apple was essentially accepting bribes to not develop its open payment network or open up the iPhone's NFC-based "tap to pay" functionality to competitors.<br /> The judge on the case ultimately dismissed it over a lack of evidence that Apple ever planned to offer its own payment network. Apple works with both Visa and Mastercard's payment networks to process transactions through Apple Pay. The company's relationship with the two financial services companies extends into its oth [...]
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