​DoJ Reportedly Preparing To Hit Visa With Antitrust Suit Over Debit Card Monopoly  – Tyler Durden

DoJ Reportedly Preparing To Hit Visa With Antitrust Suit Over Debit Card Monopoly  Visa shares are lower in premarket trading in New York after a Bloomberg report revealed that the US Justice Department is preparing to file a lawsuit against the world’s largest payment network operator as soon as Tuesday.  Unnamed sources in the report said the DoJ’s antitrust division is expected to file the lawsuit in federal court today. The government prosecutors allege Visa participated in a range of anticompetitive conduct. Antitrust enforcers are preparing to accuse Visa of taking steps to keep rivals from challenging its dominance in the debit card market,…  — Continue at ZeroHedge News : Read More