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Visa, DOJ
The DOJ sues Visa for locking out rival payment platforms
According to the complaint, Visa entered into paid agreements with potential competitors as part of an effort to fend off competition from newer entrants into the payment processing industry. These practices have allowed Visa to build an “enormous moat” around its business, the complaint alleges.
DOJ sues Visa over debit card market monopoly
The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a monopoly over the U.S. debit card market.
DOJ's Visa debit suit threatens to upend revenue models
Interchange fees and financial incentives for merchants, banks and mobile wallets could come under pressure if the government forces the card brand to alter its policies.
2h
A Different Lesson To Draw From Paul Pelosi’s Visa Sale: He Did Right
It’s been reported that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa stock.
American Banker
3d
How a DOJ suit against Visa is a lifeline for bank tech sellers
If the government forces the card giant to reduce control over security gateways, firms that sell debit processing and ...
6d
Visa Stock Slips as DOJ Suit Says Its Contracts 'Stifle Innovation'
Visa shares fell Tuesday as the U.S. Department of Justice filed an antitrust lawsuit against the payment processor.
5d
on MSN
Nancy Pelosi's husband sold more than $500K in Visa stock ahead of DOJ action
Paul Pelosi, the husband of former House Speaker and current California Rep. Nancy Pelosi, sold 2,000 shares of Visa a few ...
5d
DOJ accuses Visa of debit monopoly, Floridians evacuate ahead of possibly major hurricane, Lady Gaga announces surprise album
After hearing that 8-year-old transplant patient Emerson Bayse loved pickles, Sarah Bryce, a chef at the Boston Children’s ...
6d
on MSN
DOJ set to sue Visa - one analyst shifts favored stock, another says buy
Citi analyst Andrew Schmidt shifted his preferred card network stock to Mastercard (MA) from Visa (NYSE:V) after a media ...
6d
Citi ditches Visa for Mastercard amid DOJ antitrust probe: is MA now the better investment?
Citi switches to Mastercard on reports of DOJ considering an antitrust lawsuit against Visa. Mastercard stock may be a better ...
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