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DOJ sues VISA over debit card market monopoly
Department of Justice sues Visa, saying the card issuer monopolizes debit card markets
The U.S. Justice Department alleges that the financial services company uses its size and dominance to stifles competition.
Visa sued by Justice Dept., accused of debit card monopoly
NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars.
Visa stock plunges as US Department of Justice files antitrust lawsuit alleging market dominance
The US Department of Justice has levelled antitrust charges against Visa, alleging that the payment giant has engaged in anti-competitive practices to maintain its market dominance.
3h
Feds sues Visa, saying company is driving up card costs for businesses, consumers
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit ...
1d
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.
16h
US Department of Justice sues Visa for monopoly on debit-card use
According to the lawsuit, filed in a federal court in New York, the company's practices have resulted in billions of dollars ...
19h
This Is How Visa Raises ‘The Price of Nearly Everything,’ DOJ Says
Slapped with a lawsuit. The post This Is How Visa Raises ‘The Price of Nearly Everything,’ DOJ Says appeared first on ...
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