Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the debit market. The DOJ argues that Visa has limited competition by entering into exclusive agreements with merchants and banks that force most or all of their transactions to run on Visa’s network.
Nancy Pelosi's husband dumps $500k of Visa stock
The Justice Department’s antitrust division has sued the payments giant in Manhattan federal court over competition concerns.
Key Takeaways Visa shares will likely remain in focus on Wednesday after slumping more than 5% yesterday following news that ...
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
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