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DOJ sues VISA over debit card market monopoly

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 market

CNN on MSN · 2d

US Justice Department accuses Visa of illegal monopoly that adds to the price of ‘nearly everything’

The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market.

US accuses Visa of monopolizing debit card swipes

"Visa's unlawful conduct affects not just the price of one thing, but the price of nearly everything," Attorney General Merrick Garland said.

GlobalData on MSN1mon

Visa partners with Revolut

Visa and Revolut sign global Visa Direct agreement to deliver real time cross-border transactions for business customers ...

4h

Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition

Consumer watchdog organization Accountable.US released a report indicating that Visa and Mastercard were working in tandem to ...

7d

Revolut Joins PayPal In The Stable Of Stablecoins

With Revolut in the process of launching its own stablecoin, like PayPal, it is hardly hyperbolic to say that we might be ...

Silicon Valley1d

Feds sues Visa, saying company is driving up card costs for businesses, consumers

The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit ...

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