This is the best summary I could come up with:

Nov 20 (Reuters) - Apple Inc (AAPL.O) has been sued by Venmo and Cash App customers in a proposed class action claiming the iPhone maker abused its market power to curb competition for mobile peer-to-peer payments, causing consumers to pay “rapidly inflating prices.”

Four consumers in New York, Hawaii, South Carolina and Georgia filed the lawsuit on Friday in San Jose, California, federal court.

They alleged Apple violated U.S. antitrust law through its agreements with PayPal’s (PYPL.O) Venmo and Block’s (SQ.N) Cash App.

Apple’s agreements limit “feature competition” within peer-to-peer payment apps, including prohibiting existing or new platforms from using “decentralized cryptocurrency technology,” the complaint said.

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 argued that a peer-to-peer app based on “decentralized” crypto technology “would allow iPhone users to send payments to each other without any intermediary at all.”

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