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Visa Isn’t Anti-Competitive, It’s Everywhere You Want It To Be

In a recent article published in the Wall Street Journal, it was reported that credit-card giant Visa offered Costco a rather princely, anti-competitive deal in 2014. At least that’s the impression conveyed by the aforementioned article. Please read on. At the time of Visa’s bid, American Express was the only credit card Costco customers could use if […]

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The DOJ’s Antitrust Attacks on Visa Dig a Bigger Hole for Antitrust

“Do you honestly think you’re going to replace this?” The previous question should be printed and framed in poster-sized fashion at the Department of Justice’s (DOJ) antitrust trust division. The question itself was actually posed to Kimbal Musk, brother of Elon, back in the early days of the internet. The president of the Toronto Star was

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Treat the Antitrust Lawsuit With Skepticism

Visa is one of the country’s most accepted credit and debit cards, with the company’s motto boasting: “Everywhere you want to be.” To the federal government, Visa’s widespread utility for cardholders is a bad thing. Visa is facing an antitrust lawsuit from the Department of Justice, which accuses the company of acting like a monopoly.

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The Cure For Visa’s Market Dominance Is Visa’s Market Dominance

“We don’t take American Express.” Those five words kept coming to mind last week while reading about the Department of Justice’s (DOJ) antitrust case again Visa. To which some will reply that the DOJ’s lawsuit isn’t about competition in the credit card space, rather it’s about Visa’s alleged abuse of its supposedly “dominant” position in the

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If Paul Pelosi Is Why Visa Angers You, You’re Missing the Point

It was reported last week that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa stock. Actually, it wasn’t that recent. July 1st to be exact. But since Pelosi’s sale preceded the September 24th announcement of the Department of Justice’s (DOJ) antitrust case against Visa, it got people

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