U.S. Justice Department Accuses Visa of Illegal Monopoly that Adds to the Price of ‘Nearly Everything’ ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market.
Visa has dominated the debit and credit card network space for years. The Justice Department is scrutinizing its practices.