{"id":89461,"date":"2024-09-25T00:14:13","date_gmt":"2024-09-25T04:14:13","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89461"},"modified":"2024-09-24T23:49:44","modified_gmt":"2024-09-25T03:49:44","slug":"justice-department-accuses-visa-of-debit-network-monopoly","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/justice-department-accuses-visa-of-debit-network-monopoly.html","title":{"rendered":"Justice Department accuses Visa of debit network monopoly"},"content":{"rendered":"\n<p>(CNBC) The U.S.\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/\" target=\"_blank\">Justice Department<\/a>\u00a0on Tuesday sued\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/V\/\">Visa<\/a>, the world\u2019s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing \u201cexclusionary\u201d agreements on partners and smothering upstart firms. Visa\u2019s moves over the years have resulted in American consumers and merchants paying billions of dollars in additional fees, according to the DOJ.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/24\/doj-accuses-visa-of-debit-network-monopoly-that-impacts-price-of-nearly-everything.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The U.S.\u00a0Justice Department\u00a0on Tuesday sued\u00a0Visa, the world\u2019s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing \u201cexclusionary\u201d agreements on partners and smothering upstart firms. Visa\u2019s moves over the years have resulted in American [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89461","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89461"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89461\/revisions"}],"predecessor-version":[{"id":89462,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89461\/revisions\/89462"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}