The Justice Department sued Visa on alleged antitrust violations Tuesday, saying the company used illegal tactics to maintain a monopoly in debit-card payments. Photo: Jim Lo Scalzo/EPA ...

The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. For more than a decade, the department alleges, Visa has abused its dominant ...

Visa, which operates the largest card network in the U.S., sits at the center of many consumers’ daily payments by providing the infrastructure that debit- and credit-card payments run on.

The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a monopoly over the U.S. debit card market.

The Justice Department sued financial services giant Visa for allegedly violating antitrust laws in its debit card business, which accounts for an estimated 60% of all debit transactions in the ...

The U.S. Justice Department sued Visa Inc. on Tuesday, alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in ...

The financial giant, which processes the majority of debit card spending in the United States, unfairly imposed fees on merchants and deterred rivals, the Justice Department said. By Lauren Hirsch ...

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