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Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed


Apple, Mastercard and Visa are no longer being sued for allegedly colluding to prevent competition in payment services.

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. Apple's reluctance to open up NFC tap-to-pay to third-party developers was allegedly another way the company maintained Mastercard and Visa's position and allowed them to drive up fees. As part of its compliance with the European Union's Digital Markets Act, Apple opened up NFC tap-to-pay transactions to any developer building their own contactless payments system, whether they're in Europe, the US or the UK.

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