Why the Justice Department says Visa has monopoly over debit cards
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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.3 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 market3 hours 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 ...4 hours 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.5 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 ...7 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 ...7 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.7 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 market9 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 ...9 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 consumers9 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.9 hours ago -
Inc. - Business
Why Now's a Good Time to Rethink Your Corporate Credit Card Strategy
With the Fed cutting interest rates, experts say it could be time to renegotiate your borrowing power.10 hours ago -
The Hill - Politics
Brett Favre says he has Parkinson’s
Brett Favre revealed he has been diagnosed with Parkinson's disease in a congressional hearing on welfare accountability Tuesday. Favre testified at a hearing of the House Ways and Means Committee ...12 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.13 hours ago -
BBC News - Top stories
Gibbs-White, Nuno and Hurzeler charged over red cards
Nottingham Forest captain Morgan Gibbs-White, manager Nuno Espirito Santo and Brighton boss Fabian Hurzeler are charged by the Football Association following their red cards in Sunday's Premier ...13 hours ago -
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.15 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.16 hours ago -
Financial Times - Business
‘Get a grip’: why has the Labour government been so bad at politics?
Unforced errors in past few weeks point to lack of political judgment in Downing StreetYesterday -
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 -
The Guardian - World
Trump accuses justice department of ‘downplaying’ second assassination attempt as suspect to remain in jail without bond – live
Trump launches partisan attack on justice department and FBI; Ryan Routh was arrested in Florida after being found with a weapon outside a Trump golf course. Trump golf club suspect left note ...Yesterday - Donald Trump -
CBS News - Top stories
Credit card debt forgiveness could make sense this October. Here's why.
The Fed cut rates last week, but it may not provide enough relief for those facing high-rate credit card debt.Yesterday -
CBS Sports - Sports
Are the Royals blowing their playoff shot? What's behind month-long slump that has opened up AL wild-card race
The Royals are clinging to a one-game lead in the AL wild-card race right nowYesterday -
The Guardian - World
Cutting winter fuel payments ‘right decision’, says Reeves, as No 10 says no change to council tax discount for single people – Labour conference live
Chancellor says £22bn gap in current spending budget and state pension rise meant she had to make decision on means-testing fuel payments. In interview this morning Rachel Reeves , the chancellor, ...Yesterday -
Yahoo Sports - Sports
Parker Meadows saves Tigers' 4-3 win with leaping catch, Detroit moves into AL's 3rd wild-card spot
The Detroit Tigers moved into one of the American League's three wild-card playoff spots by beating the Baltimore Orioles on Sunday, coupled with the Minnesota Twins' loss to the Boston Red Sox.2 days ago - MLB -
CBS Sports - Sports
Has C.J. Stroud altered game plan for NFL GMs? Why the Texans QB has increased pressure to win immediately
Stroud's success has teams hunting even harder for a franchise QB2 days ago - NFL -
ABC News - Sports
Rodríguez has leadoff HR, tiebreaking single as wild card-chasing Mariners beat Rangers 8-4
Julio Rodríguez had four hits and four RBIs, and the wild card-chasing Seattle Mariners beat the Texas Rangers 8-43 days ago - MLB -
ABC News - Tech
Google begins its defense in antitrust case alleging monopoly over ad technology
Google has opened its defense against allegations that it holds an illegal monopoly on online advertising technology with witness testimony saying the industry is vastly more complex and ...4 days ago - Google -
BBC News - Top stories
Migrants feel less welcome as Germany's far-right rises
Migrants who arrived since 2015 say they feel unwelcome in Germany, where the far-right Alternative for Germany is gaining support.4 days ago -
CNBC - Business
Boeing's defense unit chief Colbert is departing, CEO says
CEO Kelly Ortberg said a replacement for Ted Colbert would be named later.4 days ago -
The Guardian - World
Europe has questions to answer over migrant abuse in Tunisia, say MEPs and activists
EU Commission says it will be sending independent observers to the country to investigate allegations of human rights violations. The European Commission can no longer ignore mounting evidence of ...4 days ago - Europe -
CNBC - Business
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.4 days ago - Travel