Federal antitrust enforcers are accusing Visa of using its market dominance in payments to stifle competition in the debit card market, raising costs for consumers and businesses. The U.S. Department ...
NEW YORK -- The U.S. Justice Department has filed an antitrust lawsuit against Visa, claiming that the financial services behemoth uses its size and dominance to stifle competition in the debit card ...
The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on merchants and deterred rivals, the Justice Department said. By Lauren Hirsch and ...