Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
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ABC News - Top stories
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
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 market57 minutes ago -
CBS News - Top stories
Why the Justice Department says Visa has monopoly over debit cards
The Justice Department sued Visa on Tuesday, accusing the credit card business of reaping big profits by shutting out rival payment processors and passing on costs to consumers. CBS News legal ...1 hour ago -
CNBC - Business
Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.3 hours ago -
Financial Times - Business
US antitrust lawsuit accuses Visa of using dominance to shut down rivals
Payments company had ‘web of exclusionary agreements’ to shore up $7bn-a-year debit business, justice department says4 hours ago -
NBC News - Top stories
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 ...4 hours ago -
The Guardian - World
US sues Visa for monopoly on debit-card use affecting ‘price of nearly everything’
Government claims firm stifles competition by threatening merchants with high fees and pays off potential rivals. The US Department of Justice has sued Visa, accusing one of the world’s largest ...4 hours ago -
CBS News - Politics
Visa monopoly over debit cards hurts consumers and businesses, feds say
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.4 hours ago -
The New York Times - Business
U.S. Accuses Visa of Monopoly in Debit Cards
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.4 hours ago -
CBS News - Top stories
U.S. sues Visa for monopolizing market
The Department of Justice is suing credit card giant Visa for using its market dominance to stifle competition. Attorney General Merrick Garland said Visa tactics led to more costs for consumers.5 hours ago -
ABC News - Tech
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
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 market6 hours ago -
The Hill - Politics
Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the debit market. The DOJ argues that Visa has limited competition by ...6 hours ago -
ABC News - Tech
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers6 hours ago -
CBS News - Top stories
Visa monopoly over debit cards hurts consumers and businesses, feds say
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.7 hours ago -
CBS News - Top stories
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Visa Faces an Antitrust Lawsuit by the Justice Dept.
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Inc. - Business
Visa to Face Antitrust Suit Over Debit Card Market Monopoly
The suit follows a 2023 Department of Justice investigation of the card issuer's business practices.12 hours ago -
The New York Times - Business
Why the Justice Department is Targeting Visa
The Justice Department is expected to sue the global payments giant as soon as Tuesday, accusing the company of stifling competition.13 hours ago -
MarketWatch - Business
Visa stock slips on reports that it faces Justice Department antitrust lawsuit
Visa Inc. stock fell 1.6% in after-hours trading Monday following reports that the payments giant faces an antitrust lawsuit from the U.S. Justice Department.Yesterday -
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The Hill - Politics
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Elon Musk's SpaceX sued by Cards Against Humanity over alleged trespassing in Texas
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