The U.S. Department of Justice (DOJ) has filed a lawsuit against Visa, accusing the payment giant of antitrust violations and suppressing competition in the debit market. Visa, which processes more than 60% of U.S. debit transactions and earns $7 billion annually in fees, allegedly uses agreements with merchants, card issuers, and competitors to maintain its… Continue reading DOJ Sues Visa for Antitrust Violations, Alleging Suppression of Competition in Debit Market