Published 09/24/2024 8:56:28 p.m.

US accuses Visa of monopolising debit card swipes

Summary by RTÉ

Visa shares took a hit last night after the US Department of Justice filed a lawsuit accusing it of violating antitrust law by suppressing competition by threatening merchants with high fees and paying off potential rivals.

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RTÉ

US accuses Visa of monopolising debit card swipes

09/25/2024 6:36:36 a.m.·Ireland

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Star Advertiser

U.S. accuses Visa of monopolizing debit card swipes | Honolulu Star-Advertiser

The U.S. Department of Justice sued Visa for alleged antitrust violations today, accusing one of the world’s largest payment networks of suppressing competition by threatening merchants with high fees and paying off potential rivals.

09/24/2024 8:30:00 p.m.·Honolulu, United States

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Hawaii Tribune-Herald

US accuses Visa of monopoly in debit cards - Hawaii Tribune-Herald

The Justice Department filed an antitrust lawsuit against Visa on Tuesday, accusing the financial giant of unfairly stifling competition in debit cards, the latest in a string of cases aimed at deterring monopolistic behavior by big companies.

09/25/2024 10:05:00 a.m.

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West Hawaii Today

US accuses Visa of monopoly in debit cards - West Hawaii Today

09/25/2024 10:05:00 a.m.

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iTnews

US accuses Visa of monopolising debit card swipes

Fees and financial penalties in focus.

09/24/2024 8:24:00 p.m.

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Regulation Asia

US Prosecutors Accuse Visa of Monopolising Debit Card Market

The DOJ says Visa illegally maintains monopoly power by imposing a web of exclusionary agreements on merchants and banks. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Informa…

09/25/2024 7:16:27 a.m.

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