Axios
The U.S. Justice Department on Tuesday sued Visa for alledgedly monopolizing the debit card market, which has led to higher prices.Why it matters: Debit cards are America’s most prevalent payment method, used more than twice as much as credit cards.This case could result in the market being opened up for more players…
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DOJ sues Visa for monopolizing debit card market
The U.S. Justice Department on Tuesday sued Visa for alledgedly monopolizing the debit card market, which has led to higher prices.Why it matters: Debit cards are America’s most prevalent payment method, used more than twice as much as credit cards.This case could result in the market being opened up for more players…