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.
Feds sues Visa, saying company is driving up card costs for businesses, consumers
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit transactions, even though alternatives exist.
Justice Department sues Visa for monopolizing debit card market
The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and stifling competition."
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers
Justice Department accuses Visa of monopolizing debit card transactions
The Justice Department sued Visa, saying the debit card giant illegally monopolizes payment transactions and has unfairly deterred competition, costing consumers billions of dollars. A Visa spokesperson called the suit meritless.
Justice Department sues Visa for monopolizing debit markets
Attorney General Merrick Garland announced that the Department of Justice has filed a lawsuit against Visa for allegations of an illegal monopoly the company holds over debit payments.
Justice Department sues Visa, alleging it has a monopoly in debit card markets
The U.S. Justice Department has sued Visa Inc., alleging the global payments giant illegally monopolized the debit card market.
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