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Technology giant Apple Inc. faces a class action lawsuit filed by Venmo and Cash App users for allegedly abusing its market power to curb competition for mobile peer-to-peer (P2P) payments, leading to inflated fees.

Venmo, Cash App consumers have sued Apple for misusing its power in putting down competition in the mobile peer-to-peer payments space. Apple has been facing similar。

Apple Inc. finds itself at the center of an antitrust lawsuit. The claimants, four Venmo and Cash App users, contend that Apple exploits itsvenmo cash users sue apple payment influential market position in the。

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