Visa sued by Justice Dept., accused of debit card monopoly
NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars.
The U.S. Justice Department is suing Visa for monopolizing the debit card market while "charging significant fees and ...
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit ...
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