The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and ...
The complaint filed Tuesday says Visa penalizes merchants and banks who don't use Visa's own payment processing technology to ...
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
The US Department of Justice filed an antitrust lawsuit against Visa on Tuesday, alleging the company illegally maintains a ...
The Justice Department alleges that more than 60% of debit card transactions in the United States run on Visa’s debit network ...
The US Department of Justice has levelled antitrust charges against Visa, alleging that the payment giant has engaged in anti ...
In 2020, the U.S. Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid, a technology company that powers fintech apps developing disruptive options for online debit ...
The complaint filed Tuesday says Visa penalizes merchants and banks who don’t use Visa’s own payment processing technology to ...
Department alleges that the company uses its size and dominance to stifle competition, costing consumers and businesses ...
According to the lawsuit, filed in a federal court in New York, the company's practices have resulted in billions of dollars ...
Card network ‘has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market,’ ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...