DOJ says Apple’s ‘complete control’ over tap-to-pay transactions stops innovation, cements its monopoly

In its wide-ranging antitrust complaint against Apple and its iPhone business, the U.S. Justice Department takes specific aim against Apple’s massive financial business, specifically how it uses Apple Pay to block competition and make billions of dollars a year in the process. The DOJ alleges that Apple is not only stifling competition among payment services, [...]read moreDOJ says Apple’s ‘complete control’ over tap-to-pay transactions stops innovation, cements its monopoly