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DOJ sues VISA over debit card market monopoly
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 Sued by US in Antitrust Case Over Debit Card Markets
The US Justice Department sued Visa Inc., alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in the financial services industry.
DOJ Readies Major Antitrust Case Against Visa's Debit Empire
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending antitrust lawsuit.
6d
on MSN
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While.
The Justice Department’s antitrust division has sued the payments giant in Manhattan federal court over competition concerns.
7h
A Different Lesson To Draw From Paul Pelosi’s Visa Sale: He Did Right
It’s been reported that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa stock.
6d
on MSN
Why Visa’s antitrust battle could be so worrying to Wall Street
There are more potential alternatives to Visa’s debit network in the event the company is penalized by the Justice Department ...
7d
Visa Faces an Antitrust Lawsuit by the Justice Dept.
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
6d
Nancy Pelosi’s husband sold more than $500K worth of Visa stock — just weeks before DOJ’s antitrust lawsuit
Visa, the global payment network that facilitates credit and debit transactions, could be named in a federal antitrust ...
3d
Visa Hires Antitrust Heavyweights to Carry Out DOJ-Misunderstands-the-Market Defense
"Anyone who has bought something online, or checked out at a store, knows there is an ever-expanding universe of companies ...
Opinion
New Republic
3d
Opinion
Throw the Book at Visa
Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.
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United States
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