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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.
Visa stock plunges 5% as feds sue over alleged debit card monopoly
Over 60% of the more than $4 trillion in debit transactions in the U.S. every year are routed to Visa’s electronic payments network.
Visa taps hardened D.C. duo to battle US monopoly lawsuit
Visa has hired a pair of prominent Washington, D.C., antitrust lawyers to help it fight the U.S. Justice Department's new lawsuit accusing the payments giant of monopolizing debit card markets.
Visa monopolizes debit cards, hurting consumers and businesses, Justice Department alleges
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege.
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.
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.
This Week In Credit Card News: Justice Department Sues Visa For Illegal Debit Card Monopoly
U.S. Justice Department Accuses Visa of Illegal Monopoly that Adds to the Price of ‘Nearly Everything’
The Justice Department is Suing Visa for Allegedly Monopolizing Debit Networks
Visa has dominated the debit and credit card network space for years. The Justice Department is scrutinizing its practices.
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
Justice Department sues Visa for monopolizing debit card market
The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and stifling competition."
Justice Department accuses Visa of monopolizing debit card transactions
The Justice Department sued Visa, saying the debit card giant illegally monopolizes payment transactions and has unfairly deterred competition, costing consumers billions of dollars. A Visa spokesperson called the suit meritless.
8h
US Considering New Visa Curbs, Oil Sanctions on Venezuela Amid Post-Election Standoff
OPEC-member Venezuela is one of Latin America's major oil producing countries, but its crude output has fallen sharply during ...
3d
Visa Increases AI Fight Against Fraud With Featurespace Purchase
Visa Inc. will acquire real-time artificial intelligence payments protection firm Featurespace Ltd. — marking the credit-card ...
5d
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 ...
1h
People applying for visa through immigration website ahead of price hike experience issues
Overseas tourists and students will be hit with a 'hidden tax' when they apply for visas and they risk being misled about the ...
1d
on MSN
China keeps adding new countries to its visa-free program
Over the last year, China has taken the uncharacteristic step of slackening its rules for foreign visitors. In a pilot ...
K-VIBE on MSN
3h
Yoo Seung-jun Denied Visa Again, Claims 'Human Rights Violation Ignoring Court Rulings'
This undated Yonhap file photo shows K-pop singer Yoo Seung-jun (Steve Seung-jun Yoo), who has been banned from entering ...
3h
ROSEN, NATIONAL TRIAL COUNSEL, Encourages Visa Inc. Investors to Inquire About Securities Class Action Investigation - V
New York, New York-- (Newsfile Corp. - September 29, 2024) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders ...
Opinion
New Republic
2d
Opinion
Throw the Book at Visa
Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.
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