Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
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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.56 minutes ago -
CBS News - Top stories
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MarketWatch - Business
Why Visa’s antitrust battle could be so worrying to Wall Street
Visa’s stock falls as Justice Department launches suit. An analyst notes there are more potential alternatives to Visa’s debit network in the event the company is penalized.1 hour 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 says1 hour 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 ...2 hours ago -
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 market2 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 ...2 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.2 hours ago -
ABC News - Health
Survivors of sex abuse at Illinois juvenile detention facilities hope for justice
Survivors of child sex abuse at juvenile detention facilities in Illinois are hoping for justice3 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 market4 hours ago -
The Hill - Politics
Americans in Lebanon advised to 'book any ticket available' on departing flights
The U.S. Embassy in Beirut is encouraging Americans to leave the country as soon as possible after last week’s wave of pager attacks killed dozens and wounded thousands, raising international ...4 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 ...4 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 consumers4 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
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
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.8 hours ago -
CBS News - Top stories
Lawsuit accuses Exxon of lying about plastics recycling
ExxonMobil is one of the world's biggest plastic makers. In a lawsuit, the California attorney general alleges the company lied to the public for decades to convince everyone that recycling works ...9 hours ago -
Financial Times - World
Nasdaq and Deutsche Börse raided in EU antitrust investigation
Offices targeted in two countries as Brussels scrutinises derivatives market for potential anti-competitive practices10 hours ago - European Union -
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.10 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.11 hours ago -
BBC News - Top stories
Harry's US visa application will stay private, judge rules
A US think-tank had sought the release of the records after Prince Harry wrote about drug use in his memoir.15 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.23 hours ago -
The Guardian - World
Trump accuses justice department of ‘downplaying’ second assassination attempt as suspect to remain in jail without bond – live
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The Hill - Politics
The supreme crisis of Chief Justice John Roberts
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CNBC - Business
Boeing's defense unit chief Colbert is departing, CEO says
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The New York Times - Tech
What the U.S. Has Argued in the Google Ad Tech Antitrust Trial
As the government wraps up its case, it has built a picture of how Google has become dominant among companies that buy and sell ads online.4 days ago - Google -
Financial Times - Business
US drug ‘gatekeepers’ face FTC antitrust lawsuit over insulin prices
Complaint alleges pharmacy benefit managers owned by CVS, Cigna and UnitedHealth are keeping prices high4 days ago -
Financial Times - Business
The killers of Sander Thoenes have yet to face justice
As shocking as the violence against journalists is the impunity of the perpetrators4 days ago -
Inc. - Business
The Fed Is Putting the Stock Market on Track for a Rare Achievement
Stocks in September have been negative for four years in a row but momentum from the rate cut could bring change.4 days ago -
The Hill - Politics
The supremely partisan court of Chief Justice Roberts
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Financial Times - World
Abrdn to drop China from emerging markets fund
Manager says move is designed to give investors more choice as Chinese market lags behind rivals4 days ago - China -
BBC News - Top stories
Faster justice scheme rolled out across Scotland
A pilot scheme tested in five sheriff courts resulted in the early resolution of more than 500 cases.4 days ago