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Visa and Its Debit-Card Dominance Are in DOJ Crosshairs

DeFi Daily News by DeFi Daily News
September 24, 2024
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Visa and Its Debit-Card Dominance Are in DOJ Crosshairs
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Visa Inc. is on the brink of being hit by a Justice Department lawsuit alleging that it illegally monopolized the US debt-card market. Bloomberg’s Sridhar Natarajan says the company is the heavyweight in the US debit-card market, with about 70% of the business. He speaks on “Bloomberg Open Interest.”
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Tags: cardsCrosshairsDebitDebitCardDOJDominanceJustice DepartmentKatherine GreifeldLawsuitsmatt millermonopolySonali BasakSridhar NatarajanVisaVisa Inc.
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