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DOJ sues VISA over debit card market monopoly
DOJ Readies Major Antitrust Case Against Visa's Debit Empire
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending antitrust lawsuit.
Visa Sued by US in Antitrust Case Over Debit Card Markets
The US Justice Department sued Visa Inc., alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in the financial services industry.
DOJ's Visa antitrust lawsuit alleges debit card company monopoly
The Justice Department is accusing Visa of running a debit card monopoly that has hiked fees for American consumers and businesses.
2d
on MSN
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While.
Visa was trading lower Tuesday as regulatory concerns weighed on shares of the credit card company. Visa stock fell 3.6% to ...
1d
Visa, Google, JetBlue: A Guide to a New Era of Antitrust Action
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
Business 2 Community
1d
DOJ Goes Against Visa in Latest Chapter of Biden’s Antitrust Crusade
The Department of Justice (DOJ) filed a lawsuit against Visa for alleged monopolistic practices in the debit card market.
1d
on MSN
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 ...
2d
Is Visa a Monopoly?
The Justice Department is expected to sue the global payments giant as soon as Tuesday, accusing the company of stifling ...
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