The Justice Department is accusing Visa of running a debit card monopoly that has hiked fees for American consumers and ...
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending ...
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally ...
Visa is accused of running a monopoly that prevents competitors like PayPal and Stripe from competing in debit markets.
The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the ...
This move follows Discover Financial Services' unit, Pulse Network, settling a lawsuit in Texas earlier this year, which ...
Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of ...
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses ...
The Justice Department sued Visa on Tuesday for antitrust violations, alleging the company used illegal tactics to maintain a ...
Visa Inc. stock fell 1.6% in after-hours trading Monday following reports that the payments giant faces an antitrust lawsuit ...