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Visa, antitrust and debit card
As Visa’s stock drops, here’s why a possible antitrust case could be so worrying
At the same time, it coerces would-be market entrants into unlawful agreements not to compete by threatening high fees if they do not cooperate, and promising big payoffs.” In a statement, he further criticized Visa’s fees.
DOJ Readies Major Antitrust Case Against Visa's Debit Empire
Visa shares fell as much as 1.95 percent in post-market trading after news broke of the Justice Department's impending antitrust lawsuit.
DOJ goes after payment giant Visa with new antitrust suit
The US Justice Department went after Visa on Tuesday in a federal antitrust lawsuit alleging that the company illegally used the scale of its vast card processing network to block competition.
5h
Visa, Google, JetBlue: A Guide to a New Era of Antitrust Action
Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s ...
9h
on MSN
Visa Stock Falls on Antitrust Lawsuit. The Case Could Weigh on Shares for a While.
Visa was trading lower Tuesday as regulatory concerns weighed on shares of the credit card company. Visa stock fell 2% to ...
1h
U.S. Justice Department files antitrust lawsuit against Visa over market dominance
The complaint states that more than 60% of debit transactions in the U.S. take place on Visa’s debit network, allowing Visa ...
4d
on MSN
Google begins its defense in antitrust case Friday
Google opened its defense against allegations that it holds an illegal monopoly on online advertising technology Friday.
JD Supra
7h
Court Grants Motion To Dismiss In Antitrust Case Alleging Boycott Conspiracy Of Crop Protection Products
On September 13, 2024, in a multidistrict litigation, the United States District Court for the Eastern District of Missouri granted defendants’ ...
inc42
1d
Antitrust Case: CCI Seeks Financial Statements From Flipkart & Amazon To Decide Penalty
The CCI has sought financial statements from ecommerce giants Flipkart and Amazon to determine penalty on the two companies.
6d
on MSN
European Union court largely upholds Qualcomm antitrust penalty in 2019 case but trims fine
Qualcomm lost its bid to get a European Union antitrust penalty thrown out after a top court largely rebuffed the technology ...
1d
PBOC Stimulus Plan, Visa Faces DOJ Antitrust Case, More
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
9h
on MSN
Visa accused of violating antitrust law with payment processing deals
The imposed a “web of exclusionary agreements” that penalize merchants who use alternative payment processors, the Justice ...
6d
on MSN
Google wins legal bid to overturn 1.5 billion euro antitrust fine in EU digital ad case
Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that ...
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