US sues Visa over alleged monopoly, claims $8bn in excessive fees

US sues Visa over alleged monopoly, claims $8bn in excessive fees

The US Department of Justice filed an antitrust lawsuit against Visa on Tuesday, alleging the company illegally maintains a monopoly over debit card networks in the United States. According to the lawsuit filed in a federal court in New York, Visa’s practices have resulted in billions of dollars in additional fees for American consumers and

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