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The Daily Hodl 2024-09-29 16:44:15

$7,000,000,000 in Fees Drained From Customers and Businesses Every Year in Visa’s 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 in Visa’s Alleged Monetary Monopoly: US Department of Justice appeared first on The Daily Hodl .

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