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