{"id":7617,"date":"2021-03-22T16:18:00","date_gmt":"2021-03-22T13:18:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=7617"},"modified":"2023-06-23T09:00:48","modified_gmt":"2023-06-23T06:00:48","slug":"us-department-of-justice-pulls-visa-and-mastercard-shares-down","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/03\/22\/us-department-of-justice-pulls-visa-and-mastercard-shares-down\/","title":{"rendered":"US Department of Justice Pulls Visa and MasterCard Shares Down"},"content":{"rendered":"\n

Impudently and boldly monopolizing the market – this is what the US Department of Justice seems to be accusing Visa Inc.<\/a> of. Visa Inc. is a transnational company providing financial services. Find out now whether the Department has started an investigation and what MasterCard has to do with all this.<\/p>\n\n\n\n

<\/span>Is Visa violating competition?<\/span><\/h2>\n\n\n\n

On March 19th, the Wall Street Journal announced that the anti-monopoly division of the US Department of Justice had some questions to Visa. They suspected the company of violating the rules of fair rivalry in the market of payment systems and operations. The details of work with retailers attracted the most attention.<\/p>\n\n\n\n

According to the media, the investigation is gaining momentum<\/a>. The representatives of the Department wonder whether the financial instruments of the company that make it the market leader are transparent.<\/p>\n\n\n\n

<\/span>What is Visa suspected of?<\/span><\/h2>\n\n\n\n