Finance

PayPal hit with class-action lawsuit claiming it stifled competitors

By Christopher Hutton
Published October 5, 2023 9:00pm ET
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PayPal hit with class-action lawsuit claiming it stifled competitors
PayPal was hit with a class-action lawsuit alleging that the payment processor stifled competition by limiting users to just their website. Law firm Hagens-Berman filed the suit on Thursday in the Northern District of California. The lawsuit contains the allegation that PayPal’s merchant agreements, which all sellers must sign before accepting payments from the platform, […]

PayPal was hit with a class-action lawsuit alleging that the payment processor stifled competition by limiting users to just their website.

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Antitrust Class-Action Lawsuits Lawsuits PayPal