“Rite Aid and CVS may face a class action for boycotting Apple Pay and other mobile payments systems,” Julia Love reports for The Mercury News. “”
“San Francisco plaintiffs firm Schubert Jonckheer & Kolbe announced this week that it is considering suing the retail giants to force them to reinstate Apple Pay, which they blocked,” Love reports. “The law firm is investigating whether the companies violated antitrust laws aimed at promoting competition by joining forces with other retailers to thwart Apple Pay.”
“An antitrust lawyer based in San Francisco said he struggled to see how consumers who can’t use Apple Pay have been harmed. But Apple might be able to make a case that it has been illegally shut out of a key segment of the market, said the lawyer, who declined to be named because he is involved in pending litigation against the Cupertino-based company,” Love reports. “Up and running in stores ranging from Macy’s to McDonalds, Apple Pay is already the most [used] mobile payment system, Apple CEO Tim Cook said at a technology conference last week. He added that Apple Pay saw more than 1 million activations in its first three days.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
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