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, more ...
Prosecutors say Visa used threats, incentives to thwart competition in debit processing Visa says it will fight the claims, which it calls meritless Justice Department officials said Visa's conduct ...
Federal antitrust enforcers are accusing Visa of using its market dominance in payments to stifle competition in the debit card market, raising costs for consumers and businesses. The U.S. Department ...
The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on merchants and deterred rivals, the Justice Department said. By Lauren Hirsch and ...
The Justice Department sued Visa on Tuesday, accusing the company of illegally monopolizing the debit card market and therefore driving up prices for businesses and consumers. The lawsuit, filed in ...