PayPal faces new antitrust lawsuit claiming it unfairly stifles competition with Stripe, Shopify and more

PayPal faces new antitrust lawsuit claiming it unfairly stifles competition with Stripe, Shopify and more

PayPal has been hit with a class-action lawsuit by consumers represented by law firm Hagens Berman alleging that the fintech giant’s anti-steering rules stifle competition against lower-cost payment platforms such as Stripe and Shopify. Specifically, according to an investigation conducted by the firm’s consumer rights attorneys, PayPal has subjected consumers to excess charges when purchasing […]