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 in additional fees for American consumers and businesses while slowing innovation in the debit payments ecosystem.
The DOJ has filed a lawsuit against Visa, a major sponsor of the VCARB F1 team, for alleged antitrust violations.
The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and ...
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.
Slapped with a lawsuit. The post This Is How Visa Raises ‘The Price of Nearly Everything,’ DOJ Says appeared first on ...
The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on ...
The complaint filed Tuesday says Visa penalizes merchants and banks who don't use Visa's own payment processing technology to ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit ...
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