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.
Pelosi Husband Sold Visa Stock Before Antitrust Suit
Key Takeaways Visa shares will likely remain in focus on Wednesday after slumping more than 5% yesterday following news that ...
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending ...
The Department of Justice (DOJ) filed an antitrust lawsuit against Visa. The lawsuit alleges that the financial firm holds a ...
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...
Visa’s stock falls as Justice Department launches suit. An analyst notes there are more potential alternatives to Visa’s ...
According to the complaint, Visa entered into paid agreements with potential competitors as part of an effort to fend off ...
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