> The plaintiffs in the new lawsuit alleged Apple, Venmo and Cash App "have repeatedly raised prices for transactions and services with no competitive check."
They are arguing there is no competitive check between three companies who are competing with each other.
My assumption here is they are trying to claim that the fact Apple hasn't enabled/allowed specific Crypto wallets on the App Store – despite their being numerous Crypto wallets on the App Store – necessarily restricts competition because if people used crypto to send money to each other, they wouldn't have to pay transaction fees – which are already $0 for the vast majority of p2p use cases in Venmo, Cash, etc.
This lawsuit will go nowhere.