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Wednesday, December 18, 2024

US Justice Department accuses Visa of illegal monopoly that adds to the price of ‘nearly everything’

New York CNN — 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 positionin the debit card market to force businesses to use Visa’s network instead of …

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