The Justice Department has filed an antitrust lawsuit against Visa, accusing the company of running a debit card monopoly that imposed “billions of dollars” worth of additional fees on ...

Citi analyst Andrew Schmidt, who rates Visa at Buy with a price target of $319, weighed in on the possible antitrust lawsuit. “The next step following the complaint may be Visa’s response ...

Biden DOJ slaps Visa with antitrust suit over debit card dominance. Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of ...

Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.

Visa attempted to acquire the fintech startup Plaid with a $5.3 billion bid but the DOJ filed a lawsuit blocking the deal claiming the acquisition would eliminate a competitive threat that ...

Visa is facing a new lawsuit from U.S. merchants over its payments network, adding legal pressure on the payment card giant after the U.S. Justice Department filed a major antitrust lawsuit ...

In that lawsuit, the Justice Department said Visa had “dominated online debit for years” and “protected its monopoly with exclusionary tactics.” The companies abandoned the merger in 2021.

Former House Speaker Nancy Pelosi’s husband sold shares of Visa in early July — weeks before the Justice Department was reportedly set to file an antitrust lawsuit against the company.

Visa Inc. and MasterCard Inc. gained final approval Monday of a $197.5 million settlement with consumers who accused the card ...