Two companies, Mastercard and Visa, have a near-monopoly on this process, as the credit card companies together control more than 80% of the market for card purchases, NYT reported. So-called ...
The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly ... debit card business was bigger by revenue than its credit card ...
The Justice Department sued Visa for antitrust violations on Tuesday, alleging that the company used illegal tactics to maintain a monopoly in debit-card payments. Photo: Jim Lo Scalzo/Shutterstock ...
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