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DOJ, Visa and debit card
Visa monopolizes debit cards, hurting consumers and businesses, Justice Department says
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege.
U.S. Accuses Visa of Monopoly in Debit Cards
The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on merchants and deterred rivals, the Justice Department said.
DOJ files lawsuit against Visa, alleging illegal monopoly over debit cards
The U.S. Department of Justice has filed a lawsuit against Visa, alleging the company maintains an illegal monopoly over debit cards, while Senators Durbin and Marshall have introduced a bipartisan bill to address Visa and Mastercard's near duopoly over the credit card market.
LIVE
PBS
17h
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 ...
Crowdfund Insider
54m
Rippling, Visa, Marqeta Launch Canadian-Focused Card
Workforce management platform Rippling, Visa, and card issuing platform Marqeta have launched a corporate card tailored ...
19h
69 best e-gift cards to make sure they get what they really want for Christmas
Give a sweet gift to your loved one with a Milk Bar gift card. They can choose from cakes, cookies, pies and more. Another ...
18h
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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