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Visa Faces DOJ Antitrust Suit
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 $278.30 on Tuesday. Reports said the U.S. Justice Department’s antitrust division could file a lawsuit as soon as Tuesday,
US Justice Department hits Visa with antitrust lawsuit over its debit-card business
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.
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.
18h
Visa to Face Antitrust Suit Over Debit Card Market Monopoly
This move follows Discover Financial Services' unit, Pulse Network, settling a lawsuit in Texas earlier this year, which ...
10h
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 ...
Bloomberg L.P. on MSN
12h
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, ...
8h
The DOJ sues Visa for locking out rival payment platforms
According to the complaint, Visa entered into paid agreements with potential competitors as part of an effort to fend off ...
16h
Citi ditches Visa for Mastercard amid DOJ antitrust probe: is MA now the better investment?
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
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United States Department of Justice
debit card
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