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Visa Faces DOJ Antitrust Suit
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While.
Visa was trading lower Tuesday as regulatory concerns weighed on shares of the credit card company. Visa stock fell 3.6% to $278.30 on Tuesday. Reports said the U.S. Justice Department’s antitrust division could file a lawsuit as soon as Tuesday,
US Justice Department hits Visa with antitrust lawsuit over its debit-card business
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.
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.
3h
Department of Justice sues Visa, saying the card issuer monopolizes debit card markets
The U.S. Justice Department alleges that the financial services company uses its size and dominance to stifles competition.
11h
on MSN
Visa Sued by US in Antitrust Case Over Debit Card Markets
The US Justice Department sued Visa Inc., alleging the global payments giant illegally monopolized the debit card market, in ...
16h
on MSN
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 ...
23h
Visa to Face Antitrust Suit Over Debit Card Market Monopoly
This move follows Discover Financial Services' unit, Pulse Network, settling a lawsuit in Texas earlier this year, which ...
13h
Visa, Google, JetBlue: A Guide to a New Era of Antitrust Action
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
18h
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 ...
14h
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 ...
22h
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 ...
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United States Department of Justice
debit card
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