Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
By The Hill | Created at 2024-09-24 19:14:24 | Updated at 2024-09-30 15:27:22
5 days ago
The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the debit market. The DOJ argues that Visa has limited competition by entering into exclusive agreements with merchants and banks that force most or all of their transactions to run on Visa’s network. It also allegedly paid-off or…
