$7,000,000,000 in Fees Drained From Customers and Businesses Every Year by Visa in Alleged Monetary Monopoly: US Department of Justice

The U.S. Department of Justice (DOJ) is suing payments giant Visa for allegedly maintaining an illegal market monopoly to keep smaller competitors in check. In a press release, the DOJ says it’s filing a civil antitrust lawsuit against Visa, accusing the payments firm of illegally maintaining dominance over the debit network markets. Antitrust laws were The post $7,000,000,000 in Fees Drained From Customers and Businesses Every Year by Visa in Alleged Monetary Monopoly: US Department of Justice appeared first on The Daily Hodl .

Source: The Daily Hodl