The Justice Department (DOJ) on Tuesday filed a lawsuit against Visa, alleging that the company maintained an illegal monopoly over the U.S. debit card market. According to the DOJ's complaint, more ...
The complaint alleges that Visa's anticompetitive actions violate the Sherman Antitrust Act. "We allege that Visa has unlawfully amassed the power to extract fees that far exceed what it could charge ...
The U.S. Justice Department sued Visa Inc. on Tuesday, alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in the ...
The U.S. Justice Department (DOJ) filed an antitrust lawsuit Tuesday in the Southern District of New York against Visa, accusing the credit card giant of abusing its market dominance to stifle ...
The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the debit market. The DOJ argues that Visa has limited competition by entering ...
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners ...
Dutch payments firm Quantoz Payments has become a principal member of Visa, giving it the ability to issue Visa-branded virtual debit cards backed by its ...
The U.S. Department of Justice has sued Visa for anticompetitive practices in debit card networks, which it says penalize merchants that try to use alternatives. The suit, filed in the U.S. District ...
Swedish fintech Klarna — primarily known for its popular "buy now, pay later" services — is launching its own Visa debit card, as it looks to diversify its business beyond short-term credit products.