The Division of Justice is suing bank card big Visa for utilizing its market dominance to stifle competitors. Lawyer Normal Merrick Garland mentioned Visa ways led to extra prices for shoppers.
#information #politics #crime
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supply
Sounds like some ogliopolies don't like Visa having a monopoly.
Can they get the landlords now?
This is what the Democrats DO‼️ Protect the average person. UNLIKE Repubs who keep giving themselves & their monopolies more money.
tRump would NEVER do this‼️ He wants the RICH to get RICHER😡😤👹
Black rock and Vanguard? Hmm? HMMMM?
they should sue visa and mastercard for banning foreign adult media and products
I don’t feel for stores when they want no cash purchases.
My DMV charges me a service fee no matter what. Can I sue them
Finally doing good things for the people, nice!
Ok, so this is clearly how it's going to go.
1.Visa is already a monopoly on the credit and banking industry.
2. The US government sues Visa for millions of fees and "broken regulations."
3.Visa then offsets the millions lost in those fees and regulation costs by screwing over the business that still have to use Visa services because they still are monopolized in the credit and banking industry by raising fees to maintain their services and transaction fees.
4. Nothing is resolved, and all it does is cost the people using Visa and its services more money to use it.
finally im not even American and im happy😂
Its getting insane that i have to pay a damn fee just to pay my damn bills like wtf. I probably pay $50 in fees paying my bills every month.
i pray this lawsuit works but i fear visa will buy their way out of this one too
NO NO NO SUING AMERICAN COMPANIES JUST BECAUSE NO OTHER COMPANY IS AS GOOD IS SO STUPID AND JUST MAKES THE PRICES OF EVERYTHING GO UP MAKES THE COMPANY EXECS UNHAPPY AND MAKES LIFE FOR US BAD. THERES NO OTHER VISA BECAUSE THERES NO OTHER VISA, GOLLY GEE THIS MONEY COULD GO TO HOMELESS SHELTERS! TO VETERANS!! YOU DUMB PEOPLE JUST WANT TO HURT EACH OTHER, HURT OURSELVES, STOP THIS NONSENSE!!!
Wow
can we start a gofundme?
Now only if the Canadian government could go after some monopolistic companies too
Let's goooo
Builders first source should be next
So why does Pelosi keep buying so much stock?
Took them long enough.
Sue insurance companies that purposely dont do wtf they are designed to do.
Thats what's there supposed to do!
Wt bout pharmaceutical a hospital u go in for a broken finger they tell u to just drink alot water and charges u thousands to tell u that
The fees for transactions is the issues. I know on gas station and a pet grooming shop
having to ask for cash because they couldn’t pay their credit card access fees.
Customers trying to use their cards to pay for gas are “Decline” making everyone checking
their accounts. I know I did with thousands in credit thinking there was fraud.
It’s the same old game. Control the bottlenecks, control the network and the world.
FTC is sure taking their time…
Now about Terms of Service and EULA abuse…
Clean up time!
They should be investigating the fed lol 😂 not a corporation that makes 3$ off of our vanity. They should start backing up that dollar if they don’t we might have to install a new government system. Our us constitution allows us citizens that power lol 😂
Need to get Nancy Pelosi and her husband for selling that stock the day before this was announced
Did he say frenemies 💀
This administration hates capitalism unless it’s big pharma, banks, and food lol
Part of the justice on the U.S. is keeping the prices low and in check. Why is it that some peoples has to complain so much in order for something to change? Example, someone's doing something illegal. Nothing happens until someone complains about it
Only took them about 21 billion dollars later
Also, why do I get 28% interest offers for cards? 28%!
Theyre going to get a huge settlement and americans will never see one dime. It'll be laundered into politicians pockets via "virtuous" endeavors taking place worldwide.
Thankful to live in a country that cares about its people.
This country hasn't been competitive since the 70s. We are a communist country owned buy bankers and spoon fed by the Chinese.
u.s should sue the u.s
Criminal Pelosi sells off 500k in visa stocks day before this announcement causes stock prices to tank. They locked martha stewart up for this…
alright, better go after pharma.
So this is the United States plan to pay off it's debts? Lmao
Everyone pay attention to all the members of congress who decided to sell there visa stocks… isn’t that insider trading Nancy Pelosi?
This is HUGE and thank you for working justice on ALL levels. Continue…
“Sues Visa” 😂
If you think something’s going to change, you’ve got a few things to learn.
Aw sue yourself 😂😂😂
Good on CBS reporting this. The true show will be if we hear about this again, in a meaningful manner.
The Democratic resolution dlc needa hurry up, Capitalist dlc sucks and is draining away all the player base.