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Apple Raised UK Banking Costs, Lawsuit Alleges
A new UK class action lawsuit against Apple seeks billions in damages by alleging that the company unlawfully restricted competition in contactless payments on the iPhone through Apple Pay, The Guardian reports. The proposed opt-out collective action filed this week in the UK alleges that Apple abused its position in the market by limiting access to the iPhone's near-field communication (NFC) technology and charging fees to banks for the use of Apple Pay.
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