Apple accused of coercing consumers who use its smartphones, smart watches and tablets into using its own wallet for contactless payments.
Apple Inc.
was sued on Monday in a class-action lawsuit alleging it denies access to Apple Pay mobile wallet technology that could be used to develop competing mobile wallet apps on iOS devices. The lawsuit, filed on behalf of financial institutions and credit unions in San Francisco federal court, seeks unspecified triple damages, and a halt to Apple's alleged anticompetitive conduct.
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