Visa’s Antitrust Battle
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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 -
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 ...2 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 says5 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 ...5 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 ...5 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.5 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.6 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 ...7 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.8 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.11 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 practices13 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.13 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.14 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.19 hours ago -
BBC News - Top stories
Widower's battle against Apple's privacy rules for wedding photos on wife's phone
A man whose wife died suddenly cannot recover precious photos of their wedding from her phone.21 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 -
Financial Times - Business
Northvolt to cut more than 20% of jobs in battle for survival
Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehiclesYesterday -
The Wall Street Journal - World
On Ukraine's Snake Island, the Heart of the Battle for the Black Sea
The Wall Street Journal was granted rare access to the island, which has been at the center of Ukraine’s efforts to challenge Russian power in the area.2 days ago - Ukraine -
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The Wall Street Journal - World
Siege in Darfur Spirals Into a Brutal Battle for Control
An all-out assault of shelling and airstrikes on densely populated areas is exacerbating a famine crisis in Sudan’s El Fasher.3 days ago -
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 -
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 -
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 -
Yahoo Sports - Sports
Kings Forwards Separated After Heated Battle
Tanner Jeannot and Warren Foegele had to be separated after heated battle on day one of training camp4 days ago -
BBC News - Top stories
Succession: The secret battle for the Murdoch empire
The media mogul is taking on three of his children in court4 days ago