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Credit Card Companies Are Fighting To Keep Their Monopoly And High Fees
Two companies, Mastercard and Visa, have a near-monopoly on this process, as the credit card companies together control more than 80% of the market for card purchases, NYT reported. So-called ...
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DOJ files lawsuit against Visa, alleging illegal monopoly over debit cards
WASHINGTON D.C. — The United States Department of Justice filed an antitrust lawsuit against Visa Tuesday, alleging the company maintains an illegal monopoly ... over the credit card market ...
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Automatic Bank Services: A Monopoly In The Israeli Credit Card Market
Automatic Bank Services, Israel's local payment network operator, surged 59% in Q4, driven by its monopoly position and ... volumes across SHVA’s card network, putting temporary pressure on ...
Wall Street Journal4mon
Justice Department Sues Visa, Alleges Illegal Monopoly in Debit-Card Market
The Justice Department sued Visa for antitrust violations on Tuesday, alleging that the company used illegal tactics to maintain a monopoly in debit-card payments. Photo: Jim Lo Scalzo/Shutterstock ...
朝日新聞社1y
FTC’s Visa Japan probe follows alleged threats over credit cards
The world's largest international credit card network is accused of demanding ... "Dealing on restrictive terms" is the specific part of the Anti-Monopoly Law that has Visa under fire, as it ...