U.S. Justice Department Sues Visa for Alleged Monopoly Practices in Debit Network Markets

The U.S. Department of Justice (DOJ) announced on September 24 that it had filed a civil antitrust lawsuit against Visa Inc.. This lawsuit accuses the payments giant of monopolization and exclusionary practices in debit network markets. According to the DOJ’s press release, Visa’s dominant position in the market has stifled competition and innovation, resulting in […] source: https://www.cryptoglobe.com/latest/2024/09/u-s-justice-department-sues-visa-for-alleged-monopoly-practices-in-debit-network-markets/