Two companies, Mastercard and Visa, have a near-monopoly on this process, as the credit card companies together control more than 80% of the market for card purchases, NYT reported. So-called ...

WASHINGTON D.C. — The United States Department of Justice filed an antitrust lawsuit against Visa Tuesday, alleging the company maintains an illegal monopoly ... over the credit card market ...

Need a break? Play the USA TODAY Daily Crossword Puzzle. Under the current setup, Visa and Mastercard have a monopoly on credit cards (over 80% of the market) and they set terms and fees without ...

The NRF is pushing for the passage of the proposed Credit Card Competition Act, which it says would end the Visa and Mastercard monopoly by requiring cards from the nation’s largest banks to be ...

Automatic Bank Services, Israel's local payment network operator, surged 59% in Q4, driven by its monopoly position and ... volumes across SHVA’s card network, putting temporary pressure on ...

The world's largest international credit card network is accused of demanding ... "Dealing on restrictive terms" is the specific part of the Anti-Monopoly Law that has Visa under fire, as it ...