Edited By WION Video Desk
Published: Sep 24, 2024, 22:10 IST | Updated: Sep 24, 2024, 22:10 IST
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World Sep 24, 2024, 22:10 IST
US Department Of Justice Sues Visa Over Debit Card Monopoly
The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had punished companies that wanted to use alternative payment networks and paid off potential competitors to keep its hold over the market.
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