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News@lemmy.world · 8 months ago

Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

cross-posted to:
antitrust@lemmy.ml

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Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

paf0@lemmy.world to

News@lemmy.world · 8 months ago

cross-posted to:
antitrust@lemmy.ml

Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’

Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.

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8 months ago
In the past I thought the same, but combined with recent inflation I can see why restaurants want to pass on a discount to the consumer.

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