YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Justice Department sues Visa

Posted online

Visa has been hit with an antitrust lawsuit by the U.S. Justice Department.

The lawsuit alleges Visa penalizes merchants and banks who don’t use its payment processing technology to process debit transactions, The Associated Press reports.

"Today’s lawsuit ignores the reality that Visa is just one of many competitors in a debit space that is growing, with entrants who are thriving," said Julie Rottenberg, Visa’s general counsel.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences