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Visa Faces DOJ Antitrust Suit
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.
Visa sinks more than 5% on pending DOJ antitrust lawsuit
Visa is the worst-performing stock in the Dow Jones Industrial Average (DJIA) on Tuesday, down 5.5% at the time of writing. Visa contrasts sharply with Caterpillar (CAT), which has gained nearly as much in percentage terms as Visa has lost.
Watch These Key Visa Price Levels After Antitrust Lawsuit Sends Stock Lower
Key Takeaways Visa shares will likely remain in focus on Wednesday after slumping more than 5% yesterday following news that the U.S. Department of Justice had filed an antitrust lawsuit against the payments giant,
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on MSN
Visa Sued by US in Antitrust Case Over Debit Card Markets
The US Justice Department sued Visa Inc. Tuesday, alleging the global payments giant illegally monopolized the debit card ...
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DOJ Readies Major Antitrust Case Against Visa's Debit Empire
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending ...
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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 ...
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Biden DOJ slaps Visa with antitrust suit over debit card dominance
Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of ...
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Visa, Google, JetBlue: A Guide to a New Era of Antitrust Action
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
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What's wrong with Visa? US justice department files antitrust case
The antitrust lawsuit against Visa, filed in Manhattan federal court, marks the latest competition case from the Biden ...
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DOJ poised to sue Visa for antitrust violations
Justice Department lawyers have been investigating the payments giant since blocking the deal for fintech startup Plaid in ...
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Is Visa a Monopoly?
The Justice Department is expected to sue the global payments giant as soon as Tuesday, accusing the company of stifling ...
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Justice Department sues Visa, alleging it has a monopoly in debit card markets
The U.S. Justice Department has sued Visa Inc., alleging the global payments giant illegally monopolized the debit card ...
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US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
The U.S. Department of Justice plans to file a lawsuit against Visa , the world's largest payments network operator, alleging ...
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