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 ...
We've collected statistics on credit card market share and debit card market share. See the most popular issuers, networks, ...
If the Justice Department were to block the Capital One-Discover deal while also going after Visa, “they’d be intellectually ...
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 ...
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports Vietnam's president and ruling Communist Party chief To Lam is set to meet representatives from several U.S. corporations ...
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 agreements penalize merchants who allow payments from other debit card networks, thereby insulating Visa from the competition and maintaining its 60% U.S. market share. Second, the lawsuit ...