US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
The U.S. Department of Justice plans to file a lawsuit against Visa, the world's largest payments network operator, alleging that the company illegally monopolized the country's debit card market, Bloomberg News reported on Monday.
DOJ Files Suit Against Visa Over Alleged Debit Card Market Monopoly
The U.S. Department of Justice is preparing to file a lawsuit against Visa, accusing the payments network operator of monopolizing the U.S. debit card market through anticompetitive practices. The DOJ's investigation,
DOJ poised to sue Visa for antitrust violations
Justice Department lawyers have been investigating the payments giant since blocking the deal for fintech startup Plaid in 2021.
DOJ Readies Major Antitrust Case Against Visa's Debit Empire
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending antitrust lawsuit.
Visa faces US DOJ antitrust case on debit cards, Bloomberg News reports
The U.S. Department of Justice plans to allege that Visa illegally monopolized the country's debit card market, Bloomberg News reported on Monday. The antitrust division is set to file a lawsuit in federal court as early as Tuesday,
Visa stock slips on reports that it faces Justice Department antitrust lawsuit
Visa Inc. stock fell 1.6% in after-hours trading Monday following reports that the payments giant faces an antitrust lawsuit from the U.S. Justice Department.
Visa Faces Justice Department Antitrust Case on Debit Cards
The US Justice Department plans to allege that Visa Inc. illegally monopolized the US debit card market, according to people familiar with the matter.
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