Arbitration clauses limit consumers’ ability to pursue collective actions.
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Great interview of @marcoscialdone on court reversal of @antitrust_it's fine against @Apple and @amazon for antitrust conduct. https://www.startmag.it/economia/perche-il-tar-ha-bocciato-la-multa-agcm-ad-amazon-e-apple/
🔹 $4B: the annual revenue stream Apple is expected to earn from #ApplePay fees by 2023, quadrupling its current $1B figure.
🔹 $0: how much the same service on Android wallets costs payment card issuers
🔹 70%: Americans using mobile wallets, including Apple Pay