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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.
US Justice Department hits Visa with antitrust lawsuit over its debit-card business
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.
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.
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 ...
RealClearMarkets
5h
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
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 ...
Law
7h
Top Antitrust Litigators Form New Boutique, With 10 Leaving Constantine Cannon, Robins Kaplan
Leaders of the new firm said they anticipate all of their clients joining them, such as auto part provider LKQ Corporation, ...
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.
Opinion
New Republic
4d
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.
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 ...
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