News
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 ...
Hosted on MSN9mon
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While. - MSNCiti 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 ...
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the payments giant of illegally maintaining a monopoly.
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 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.
June 14 (Reuters) - Discover Financial Services (DFS.N), opens new tab unit Pulse Network has agreed to settle a lawsuit in Texas accusing Visa of obstructing competition in the multibillion ...
The DOJ's antitrust lawsuit over Visa's $5 billion Plaid deal could put fintech M&A through a 'cold shower,' according to lawyers and fintech execs ...
The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. News of the DOJ’s investigation first broke last month.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results