The Justice Department (DOJ) on Tuesday filed a lawsuit against Visa, alleging that the company maintained an illegal monopoly over the U.S. debit card market. According to the DOJ's complaint ...
accusing the payments network behemoth of maintaining an illegal monopoly in the debit card market, stifling competition and ...
We've collected statistics on credit card market share and debit card market share. See the most popular issuers, networks, ...
The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had punished companies that ...
If the Justice Department were to block the Capital One-Discover deal while also going after Visa, “they’d be intellectually ...
DOJ has now turned its attention outside of technology markets by filing suit against Visa for its dominance of the debit card transaction market ... that Visa has monopoly power over debit ...
The department alleges that Visa has monopolized the debit card market, forcing out competition to maintain its 60% share in the U.S. In reaction to this news, Visa stock initially slipped ...
The justice department is suing Visa for allegedly monopolizing the debit card market. The DOJ claims the company forces businesses to use its network.
The agreements penalize merchants who allow payments from other debit card networks, thereby insulating Visa from the competition and maintaining its 60% U.S. market share. Second, the lawsuit ...