Senate Judiciary Committee members say the ‘duopoly’ has left retailers with no ability to negotiate high interchange fees.
The proposed Credit Card Competition Act seeks to foster competition in what the bill's sponsor calls the credit card ...
Many consumers use credit cards that levy fees on transactions, but many members of the Senate Judiciary Committee want to ...
In addition, you can check the top 5 holdings of the fund to know its best picks in 2024. Amalthea Fund highlighted stocks ...
With Visa and Mastercard controlling nearly 80 percent of the market, Hawley thinks Congress could go a step further and cap ...
November 16, 2024) - Rosen Law Firm, a global investor rights law firm, continues to investigate Visa Inc. (NYSE: V) for potential violations of the federal securities laws. If you invested in Visa, ...
“Visa operates as a virtual monopoly – at least, that’s what the DOJ is accusing them of, working in tandem with Mastercard, ...
The Japan Fair Trade Commission started an onsite inspection on July 17 at Visa Worldwide Japan Co. on suspicion of violating the Anti-Monopoly Law. The world's largest international credit card ...
In addition, the lawsuit also highlights Visa leveraging its monopoly like position to create routing deals, where Visa leverages its non-contestable transactions they help with and create ...
Customers are increasingly prioritizing convenience and flexibility in payments, especially as e-commerce flourishes.
The release further stated the "complaint alleges that Visa illegally maintains a monopoly over debit network markets by using its dominance to thwart the growth of its existing competitors and ...