US DOJ to sue Visa over debit card market monopoly: Reports
- Posted on September 24, 2024
- By Business News Today
- 4 Views
US DOJ to sue Visa over debit card market monopoly: Reports
The U.S. Department of Justice is set to sue Visa, alleging the company monopolized the debit card market through anticompetitive practices. The lawsuit follows an investigation into Visa's actions that may have hindered competition and raised merchant fees. Visa and the DOJ have not commented on the matter.
