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DOJ, Visa and antitrust
DOJ accuses Visa of debit monopoly that affects price of 'nearly everything'
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 and smothering upstart firms.
DOJ's Visa antitrust lawsuit alleges debit card company monopoly
The Justice Department is accusing Visa of running a debit card monopoly that has hiked fees for American consumers and businesses.
This Is How Visa Raises ‘The Price of Nearly Everything,’ DOJ Says
Slapped with a lawsuit. The post This Is How Visa Raises ‘The Price of Nearly Everything,’ DOJ Says appeared first on Mandatory.
2h
DOJ accuses Visa of debit monopoly, Floridians evacuate ahead of possibly major hurricane, Lady Gaga announces surprise album
After hearing that 8-year-old transplant patient Emerson Bayse loved pickles, Sarah Bryce, a chef at the Boston Children’s ...
16h
The DOJ sues Visa for locking out rival payment platforms
According to the complaint, Visa entered into paid agreements with potential competitors as part of an effort to fend off ...
19h
DOJ sues Visa for allegedly monopolizing debit card markets
The complaint says Visa penalizes merchants and banks who don't use its own payment processing tech to process debit ...
18h
Nancy Pelosi’s husband sold more than $500K worth of Visa stock — just weeks before DOJ’s antitrust lawsuit
Visa, the global payment network that facilitates credit and debit transactions, could be named in a federal antitrust ...
4h
Visa’s Strategic Resilience and Long-Term Prospects Amid DOJ Lawsuit: A Buy Rating Rationale
J.P. Morgan analyst Tien Tsin Huang has maintained their bullish stance on V stock, giving a Buy rating yesterday. Tien Tsin Huang’s ...
1d
on MSN
Citi ditches Visa for Mastercard amid DOJ antitrust probe: is MA now the better investment?
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
1d
on MSN
DOJ set to sue Visa - one analyst shifts favored stock, another says buy
Citi analyst Andrew Schmidt shifted his preferred card network stock to Mastercard (MA) from Visa (NYSE:V) after a media ...
20h
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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Related topics
United States Department of Justice
debit card market monopoly
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