The Justice Department is expected to sue the global payments giant as soon as Tuesday, accusing the company of stifling competition.
Category: Justice Department
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Visa Faces an Antitrust Lawsuit by the Justice Dept.
The agency plans to argue that the company illegally penalizes customers that try to use rival payment processors.
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2 Stole $230 Million in Cryptocurrency and Went on a Spending Spree, U.S. Says
Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.
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Banking Deal Oversight Expected to Get a Major Revamp
The F.D.I.C. and the Justice Department are likely to change how they evaluate mergers and acquisitions in the banking industry.
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YouTube CEO Neal Mohan Testifies Google Faces Plenty of Ad Tech Competition
Kicking off the second week of an antitrust trial, Neal Mohan testified that Google did what was best for consumers and the ad industry.
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TikTok Faces Tough Questions From Judges in Fight Over U.S. Ban
TikTok on Monday pushed back against a law that would force the popular video app to sell to a non-Chinese owner or be banned, in what is shaping up to be a landmark case.
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TikTok Faces Tough Questions From Judges in Fight Over U.S. Ban
TikTok on Monday pushed back against a law that would force the popular video app to sell to a non-Chinese owner or be banned, in what is shaping up to be a landmark case.
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Google’s Next Antitrust Battle
The tech giant has lost a series of legal fights that investors have largely shrugged off. But a new trial over its advertising business could carry big consequences.
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A Trial Asks: If Grocery Rivals Merge, Do Workers Suffer?
As Kroger seeks to acquire Albertsons, federal regulators argue that the biggest supermarket combination in history will hurt not only consumers, but workers as well.
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U.S. Plans to Accuse RealPage of Enabling Collusion on Rents
The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated by algorithms.