đź’¨ Abstract
The U.S. Department of Justice has filed an antitrust lawsuit against Visa, alleging suppression of competition through high fees and payoffs to rivals. Visa, which processes over 60% of U.S. debit transactions, is accused of maintaining its dominance through agreements with issuers, merchants, and competitors.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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