Source link : https://sanfrancisco-news.net/2024/09/25/business/us-justice-department-sues-visa-alleges-card-issuer-monopolises-debit-card-markets/

The US 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, costing consumers and businesses billions of dollars. The complaint filed Tuesday says San Francisco-based Visa penalizes merchants and banks who don’t use Visa’s own payment […]

The post US Justice Department sues Visa, alleges card issuer monopolises debit card markets first appeared on San Francisco News.

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Author : SanFrancisco

Publish date : 2024-09-25 14:26:43

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