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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.
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.
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.
Nancy Pelosi's husband sold more than $500K in Visa stock
Visa lawsuit: Why DOJ is taking action, stock info, what to know
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market.
Nancy Pelosi's husband sold more than $500K in Visa stock ahead of DOJ action
Paul Pelosi, the husband of former House Speaker and current California Rep. Nancy Pelosi, sold 2,000 shares of Visa a few months before the company was sued by the government.
Trump calls for Nancy Pelosi to be ‘prosecuted’ over husband’s $500K Visa stock trade
Former President Donald Trump said Thursday he believes Rep. Nancy Pelosi (D-Calif.) “should be prosecuted” over her husband’s Visa stock trades ahead of a Justice Department lawsuit against the credit card giant.
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
13h
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 ...
Kiplinger
2d
What's Next for Visa Stock After DOJ Lawsuit?
Visa
(V) stock is lower Wednesday, extending Tuesday's 5.4% decline, after the Department of Justice (
DOJ
) said it is ...
2d
on MSN
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 ...
2d
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
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 ...
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Related topics
United States Department of Justice
debit card market monopoly
antitrust lawsuit
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