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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.
Visa stock plunges 5% as feds sue over alleged debit card monopoly
Over 60% of the more than $4 trillion in debit transactions in the U.S. every year are routed to Visa’s electronic payments network.
Visa taps hardened D.C. duo to battle US monopoly lawsuit
Visa has hired a pair of prominent Washington, D.C., antitrust lawyers to help it fight the U.S. Justice Department's new lawsuit accusing the payments giant of monopolizing debit card markets.
The Justice Department is Suing Visa for Allegedly Monopolizing Debit Networks
Visa has dominated the debit and credit card network space for years. The Justice Department is scrutinizing its practices.
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
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
US accuses Visa of monopolizing debit card swipes
"Visa's unlawful conduct affects not just the price of one thing, but the price of nearly everything," Attorney General Merrick Garland said.
Justice Department sues Visa for monopolizing debit card market
The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and stifling competition."
Justice Department accuses Visa of monopolizing debit card transactions
The Justice Department sued Visa, saying the debit card giant illegally monopolizes payment transactions and has unfairly deterred competition, costing consumers billions of dollars. A Visa spokesperson called the suit meritless.
6m
US Considering New Visa Curbs, Oil Sanctions on Venezuela Amid Post-Election Standoff
OPEC-member Venezuela is one of Latin America's major oil producing countries, but its crude output has fallen sharply during ...
Opinion
New Republic
2d
Opinion
Throw the Book at Visa
Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.
2d
on MSN
Why the ‘Golden Visa’ May Be on Borrowed Time
In this Bloomberg Originals mini-documentary, we show how a Plan B for the rich is being reinvented—and why it may not be ...
2d
Visa Inc. (V): Why Are Billionaires Bullish on This Stock Right Now?
We recently compiled a list of the 10 Best Stocks To Invest In According to Billionaires. In this article, we are going to ...
1d
on MSN
China keeps adding new countries to its visa-free program
Over the last year, China has taken the uncharacteristic step of slackening its rules for foreign visitors. In a pilot ...
3d
Visa Increases AI Fight Against Fraud With Featurespace Purchase
Visa Inc. will acquire real-time artificial intelligence payments protection firm Featurespace Ltd. — marking the credit-card ...
Impacts
11h
Some inquiries about Vanilla Visa Gift Card
Introduction In today’s diverse shopping landscape, gift cards have become increasingly popular as a convenient payment tool.
2d
Prime Visa Review: One of the Very Best Store Credit Cards
The Prime Visa offers excellent cash back rates at Amazon, Whole Foods, and more. Check out all its features in this detailed ...
Opinion
The Taipei Times
3h
Opinion
Europe’s banks launch Wero payments to dislodge Visa and Mastercard
The EU’s biggest banks have spent years quietly creating a new way to pay that could finally allow customers to ditch their ...
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