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Why the Justice Department says Visa has monopoly over debit playing cards

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Why the Justice Department says Visa has monopoly over debit playing cards

The Justice Department sued Visa on Tuesday, accusing the bank card enterprise of reaping massive earnings by shutting out rival fee processors and passing on prices to shoppers. CBS Information authorized contributor Jessica Levinson joins to unpack the antitrust allegations and what they might imply for the credit score large. CBS Information 24/7 is the … Read more

U.S. sues Visa for monopolizing market

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U.S. sues Visa for monopolizing market

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 CBS Information 24/7 is the premier anchored streaming information service from CBS Information and Stations that’s accessible free to everybody with … Read more