European banks are developing new payment rails to challenge Visa and Mastercard dominance, threatening billions in swipe ...
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Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.
U.S. Justice Department Accuses Visa of Illegal Monopoly that Adds to the Price of ‘Nearly Everything’ ...
As was previously reported, the US Department of Justice (DOJ) has filed a lawsuit against Visa (NYSE:V) claiming ...
Bank of Canada officials want growth to accelerate and absorb the sizable amount of spare capacity in the economy, Gov. Tiff Macklem said Tuesday, arguing this is a requisite to keep inflation at or ...
Visa has hired a pair of prominent Washington, D.C., antitrust lawyers to help it fight the U.S. Justice Department's new ...
The U.S. Department of Justice (DOJ) filed an antitrust lawsuit against Visa Inc. on Sept. 24, alleging that the company ...
The justice department is suing Visa for allegedly monopolizing the debit card market. The DOJ claims the company forces ...
Durbin and Marshall further used the announcement of the suit as an opportunity to urge passage of their Credit Card ...
Card network ‘has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market,’ ...
Discover why Visa's stock price dropped after a DOJ lawsuit alleging illegal practices in the debit card market, and why ...