The Justice Department (DOJ) on Tuesday filed a lawsuit against Visa, alleging that the company maintained an illegal monopoly over the U.S. debit card market. According to the DOJ's complaint ...
accusing the payments network behemoth of maintaining an illegal monopoly in the debit card market, stifling competition and ...
The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had punished companies that ...
The suit also alleges Visa intentionally tries to purchase or partner with financial services start-ups to prevent potential competition in the debit payment space. Visa has not yet formally ...
alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars. The complaint filed ...
New York (CNN) — The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. For more than a decade, the department alleges, Visa has ...
DOJ has now turned its attention outside of technology markets by filing suit against Visa for its dominance of the debit card transaction market ... that Visa has monopoly power over debit ...
The department alleges that Visa has monopolized the debit card market, forcing out competition to maintain its 60% share in the U.S. In reaction to this news, Visa stock initially slipped ...
The justice department is suing Visa for allegedly monopolizing the debit card market. The DOJ claims the company forces businesses to use its network.
The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had punished companies that ...