PayPal boosts fairness in exit bid with merchant rules overhaul.

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In a proposed class action lawsuit against PayPal, the financial tech giant argued that its merchant rules promote fair competition and level the playing field with other payment options. The lawsuit alleges that PayPal illegally raises online retail prices by enforcing restrictive agreements with merchants. PayPal filed a motion to dismiss the case, stating that its practices do not harm competition and are necessary to protect consumers from fraud and ensure the integrity of its platform.

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