US accuses Visa of monopolizing debit card swipes-February 2024-www.financetom.com

US accuses Visa of monopolizing debit card swipes

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US accuses Visa of monopolizing debit card swipes

Sep 26, 2024 1:22 AM

Sept 24 (Reuters) - The U.S. Department of Justice sued

Visa for alleged antitrust violations on Tuesday, accusing

one of the world's largest payment networks of suppressing

competition by threatening merchants with high fees and paying

off potential rivals.

(Reporting by Jody Godoy in New York)

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