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Visa, antitrust lawsuit
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.
DOJ accuses Visa of debit monopoly that affects price of 'nearly everything'
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners and smothering upstart firms.
Visa slapped with a DOJ antitrust lawsuit
The Department of Justice (DOJ) filed an antitrust lawsuit against Visa. The lawsuit alleges that the financial firm holds a monopoly over debit network markets allowing it to charge banks and markets with exorbitant fees that get passed onto consumers and keep rival companies like PayPal and Square from competing on their level.
2d
The DOJ sues Visa for locking out rival payment platforms
According to the complaint, Visa entered into paid agreements with potential competitors as part of an effort to fend off ...
American Banker
7h
DOJ's Visa debit suit threatens to upend revenue models
Interchange fees and financial incentives for merchants, banks and mobile wallets could come under pressure if the government ...
2d
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 ...
1h
Trump demands Nancy Pelosi's prosecution after husband dumps over $500K Visa Stock before DOJ antitrust lawsuit
Paul Pelosi sold Visa stock before the DOJ filed an antitrust lawsuit against the company. Donald Trump suggests Nancy Pelosi was aware of the lawsuit.
2d
on MSN
DOJ set to sue Visa - one analyst shifts favored stock, another says buy
Citi analyst Andrew Schmidt shifted his preferred card network stock to Mastercard (MA) from Visa (NYSE:V) after a media ...
1d
DOJ accuses Visa of debit monopoly, Floridians evacuate ahead of possibly major hurricane, Lady Gaga announces surprise album
After hearing that 8-year-old transplant patient Emerson Bayse loved pickles, Sarah Bryce, a chef at the Boston Children’s ...
2d
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 ...
15h
Nancy Pelosi's Husband Raises Eyebrows With Massive Well-Timed Sale Of Visa Shares
California Democratic Rep. Nancy Pelosi's husband sold Visa stock worth up to $1 million less than three months before the ...
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Related topics
United States Department of Justice
antitrust lawsuit
debit card market monopoly
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