Credit Cards

Visa SUED for BILLIONS: Will Debit Cards Disappear for 188 Million Americans?

19Nov

By ThisisJohnWilliams46 Comments

News & Events

Visa SUED for BILLIONS: Will Debit Cards Disappear for 188 Million Americans?

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Visa Stock Falls After DOJ Lawsuit, Nancy Pelosi Sold Again

✍️ My Free Publication: https://dividenddata.beehiiv.com/subscribe?utm_source=youtube 💻 The Greatest Stock Analysis Instrument: https://www.dividenddata.com/ At the moment, the US Division of Justice introduced a lawsuit alleging that Visa is a monopolist. They declare that the corporate has been concerned in anti-competitive techniques to regulate the debit transactions market. Following the information, Visa inventory fell 5.49%. This lawsuit comes after Nancy Pelosi bought $1 million of Visa inventory only a few months in the past. Humorous how that continues to occur. My Hyperlinks: Merch Retailer: https://store.dividenddata.com/ Comply with on X: https://x.com/dividend_data Pay attention on Spotify: https://open.spotify.com/present/4dBCd8IWgBYJgrbI2zROPR?si=084da0648e694103 Help on...

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 premier anchored streaming information service from CBS Information and Stations that's obtainable free to everybody with entry to the web and is the vacation spot for breaking information, reside occasions, authentic reporting and storytelling, and packages from CBS Information and Stations' high anchors and correspondents working regionally, nationally and across the globe. It's obtainable on greater than 30 platforms throughout cellu...