Antitrust Suit Debit
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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 market8 minutes 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.11 minutes 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 market24 minutes 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 ...26 minutes ago -
CNBC - Business
Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.26 minutes ago -
The Guardian - World
US accuses Visa of ‘unlawful’ debit card swipe monopoly in antitrust lawsuit
DoJ claims company stifles competition by threatening merchants with high fees and pays off potential rivals. The US Department of Justice sued Visa for alleged antitrust violations on Tuesday, ...30 minutes 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 ...33 minutes 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 consumers40 minutes 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.49 minutes ago -
MarketWatch - Business
As Visa’s stock drops, here’s why a possible antitrust case could be so worrying
There are more potential alternatives to Visa’s debit network in the event the company is penalized by the Justice Department.1 hour 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.4 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 anti-competitive practices6 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.6 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.19 hours ago -
The Guardian - World
California sues ExxonMobil over alleged role in plastic pollution crisis
First-of-its-kind suit comes as climate experts claim that fossil fuel producers are deceiving public about plastics. California has filed a first-of-its-kind lawsuit against ExxonMobil for ...Yesterday - California -
Financial Times - Business
It’s hard to wear your principles if someone else paid for the suit
A behind-the-scenes look at the work of Rutherford Hall, critical communications strategistYesterday -
ESPN - Sports
Patrick Mahomes' clean suit before SNF leads Week 3 arrival outfits
Several players turned the pregame tunnel into their own personal runway ahead of their Week 3 matchup.Yesterday -
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 ...3 days ago - Google -
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.3 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 -
Inc. - Business
FTC Chair Lina Khan Says Antitrust Regulations Help Small Businesses Too
At the Fast Company Innovation Festival, Khan said that monopolies aren't just a consumer rights issue.4 days ago