December 21, 2024

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

 Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.