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Visa, antitrust and debit card
Visa Sued by US in Antitrust Case Over Debit Card Markets
The US Justice Department sued Visa Inc. Tuesday, 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.
Biden DOJ slaps Visa with antitrust suit over debit card dominance
Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of dollars of transactions, the DOJ says.
The US Justice Department just filed an antitrust lawsuit against Visa over its debit card business
"Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service. As a result, Visa's unlawful conduct affects not just the price of one thing — but the price of nearly everything.
8h
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 ...
11h
on MSN
Nancy Pelosi’s husband sold more than $500K worth of Visa stock — just weeks before DOJ’s antitrust lawsuit
Visa, the global payment network that facilitates credit and debit transactions, could be named in a federal antitrust ...
LIVE
PBS
12h
WATCH: Garland announces antitrust lawsuit against Visa over debit card competition
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...
15h
Deutsche Boerse, Nasdaq targetted in EU antitrust probe
Deutsche Boerse was searched as part of European Union investigations into financial derivatives and is fully cooperating ...
12h
on MSN
Visa accused of violating antitrust law with payment processing deals
The imposed a “web of exclusionary agreements” that penalize merchants who use alternative payment processors, the Justice ...
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Visa
Federal Trade Commission
Google
United States Department of Justice
Qualcomm
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