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Justice Department Accuses Visa of A Debit Card Monopoly
DOJ's Visa antitrust lawsuit alleges debit card company monopoly
The Justice Department is accusing Visa of running a debit card monopoly that has hiked fees for American consumers and businesses.
US Justice Department hits Visa with antitrust lawsuit over its debit-card business
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.
U.S. Accuses Visa of Monopoly in Debit Cards
The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on merchants and deterred rivals, the Justice Department said.
4d
on MSN
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While.
The Justice Department’s antitrust division has sued the payments giant in Manhattan federal court over competition concerns.
5d
Visa Faces an Antitrust Lawsuit by the Justice Dept.
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
1d
Visa Hires Antitrust Heavyweights to Carry Out DOJ-Misunderstands-the-Market Defense
"Anyone who has bought something online, or checked out at a store, knows there is an ever-expanding universe of companies ...
4d
Nancy Pelosi’s husband sold more than $500K worth of Visa stock — just weeks before DOJ’s antitrust lawsuit
Visa, the global payment network that facilitates credit and debit transactions, could be named in a federal antitrust ...
4d
on MSN
Citi ditches Visa for Mastercard amid DOJ antitrust probe: is MA now the better investment?
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
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