Articles for tag: debit card market, lawsuit against Visa, US Justice Department

Ammar Raza

VISA

Visa Accused of Monopolizing Debit Transactions in $7B Lawsuit

The US Justice Department has launched a major antitrust lawsuit against Visa, accusing the company of monopolizing the debit card market for over a decade. The department alleges that the company has unfairly leveraged its dominant position to force businesses into using its payment network while stifling competition and blocking ... Read more