Visa Faces an Antitrust Lawsuit by the Justice Dept.
WEB1 day ago · In 2020, it sued to block Visa’s $5.3 billion acquisition of the financial technology firm Plaid, arguing that the deal aimed to stamp out a young competitor. In that lawsuit, the Justice ...
DOJ poised to sue Visa for antitrust violations - POLITICO
WEB1 day ago · By Josh Sisco and Josh Gerstein. 09/23/2024 08:01 PM EDT. The Justice Department is poised to hit Visa with an antitrust lawsuit involving its debit card business, according to three people with ...
Visa falls on report of US DoJ lawsuit alleging debit-card monopoly
WEB20 hours ago · The antitrust division of the regulator is set to file a lawsuit as soon as Tuesday, accusing Visa of a range of anti-competitive conduct, Bloomberg News reported, opens new tab on Monday, citing ...
Why the Justice Department is Targeting Visa - The New York Times
WEB22 hours ago · Shares in Visa were down 2 percent in premarket trading. The company has previously defended its practices as being in compliance with the law. Biden’s antitrust enforcers have made corporate ...
DOJ Readies Major Antitrust Case Against Visa's Debit Empire
WEB1 day ago · 0. The U.S. Department of Justice (DOJ) is poised to launch a significant antitrust lawsuit against Visa Inc., accusing the payment card services giant of illegally monopolizing the nation's debit ...
Visa Faces Justice Department Antitrust Case on Debit Cards
WEB1 day ago · The US Justice Departmentplans to allege that Visa Inc.illegally monopolized the US debit card market, according to people familiar with the matter. The antitrust division is set to file a lawsuit ...
Visa faces US DOJ antitrust case on debit cards, Bloomberg News …
WEB1 day ago · In 2023, the DOJ's antitrust division issued an investigative demand to Visa, seeking documents and information about its debit card practices in the U.S. and competition with other payment networks.
DOJ to accuse Visa of illegally monopolizing US debit card market
WEB1 day ago · Antitrust enforcers are preparing to accuse Visa of taking steps to keep rivals from challenging its dominance in the debit card market, said the people. The government’s allegations include ...
Visa Faces Justice Department Antitrust Case on Debit Cards (1)
WEB1 day ago · The government is expected to file the case in federal court. Antitrust enforcers are preparing to accuse Visa of taking steps to keep rivals from challenging its dominance in the debit card market, said the people. The government’s allegations include that Visa made exclusive agreements to hinder the expansion of competing networks and ...
Visa Faces DOJ Antitrust Case Over Debit Cards, Bloomberg Reports
WEB23 hours ago · Sep 24, 2024 3:43am. --The U.S. Department of Justice plans to file a lawsuit alleging that Visa illegally monopolized the debit card market in the country, Bloomberg reports, citing unnamed ...
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