July 10, 2025
An Illinois federal judge on Wednesday dismissed several retailers' proposed antitrust class action that accused Apple, Visa and Mastercard of scheming to restrain competition in point-of-sale transaction payment networks, saying the express terms of agreements retailers had claimed were anti-competitive showed otherwise.
September 27, 2024
Apple, Visa and Mastercard on Thursday urged an Illinois federal court to toss several retailers' proposed antitrust class action accusing the three of conspiring to restrain competition in point-of-sale transaction payment networks, saying in separate motions that allegedly unlawful agreements they entered "expressly preserve" Apple's right to compete.
December 14, 2023
Apple has anti-competitive agreements with Visa and Mastercard that give the tech company a cut of transaction fees while blocking other mobile-based payment systems from competing with the credit card companies' point-of-sale transaction payment networks, according to a proposed antitrust class action filed Thursday in Illinois federal court.