For folks who don't have time to read a 90 page document, the case rests on specific claims, not just the general claim that iPhone is a monopoly because it's so big. Here are those claims: 1. "Super Apps" Apple has restrictions on what they allow on the App Store as far as "Super Apps", which are apps that might offer a wide variety of different services (specifically, an app which has several "mini programs" within…
> Apple also collects fees from banks for using Apple Pay 15 basis points (0.15%) from the issuing bank on something that _undoubtably_ increases tx volume and associated interchange revenue. Sure, the issuing banks would like tx volume for absolutely free. Sure, DOJ should argue the point on NFC access. But 15bp from the party that's making more money on a service that's free and beneficial for {consumer, merchant,…
That's the point of the lawsuit. Chase can't currently make Chase Pay to compete with Apple Pay and offer a mobile payment service with less than 15 basis points.