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DOJ sues VISA over debit card market monopoly
Two Sides to Every Monopolization Suit: DOJ Sues Visa for Debit Monopolization
On September 24, 2024, the U.S. Department of Justice Antitrust Division (“DOJ”) filed a monopolization suit against Visa, Inc. (“Visa”),
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.
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.
7d
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 ...
7d
Visa Stock Slips as DOJ Suit Says Its Contracts 'Stifle Innovation'
Visa shares fell Tuesday as the U.S. Department of Justice filed an antitrust lawsuit against the payment processor.
American Banker
4d
How a DOJ suit against Visa is a lifeline for bank tech sellers
If the government forces the card giant to reduce control over security gateways, firms that sell debit processing and ...
7d
DOJ goes after payment giant Visa with new antitrust suit
The US Justice Department went after Visa on Tuesday in a federal antitrust lawsuit alleging that the company illegally used ...
7d
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 ...
American Banker
5d
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 ...
RealClearMarkets
16h
If Paul Pelosi Is Why Visa Angers You, You're Missing the Point
It was reported last week that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa ...
6d
on MSN
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 ...
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