The Justice Department’s antitrust division has sued the payments giant in Manhattan federal court over competition concerns.
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
"Anyone who has bought something online, or checked out at a store, knows there is an ever-expanding universe of companies ...
Visa, the global payment network that facilitates credit and debit transactions, could be named in a federal antitrust ...
There are more potential alternatives to Visa’s debit network in the event the company is penalized by the Justice Department ...
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
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