The Justice Department is reportedly investigating whether Visa's debit-card business is anticompetitive

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Visa is reportedly under investigation by the Justice Department over anticompetitive practices

Makan Delrahim, the DOJ's antitrust boss, has said under the Biden administration the department will continue to

. In the suit, the regulator alleged that Visa's acquisition was an effort to squash a competitor. The DOJ alleged that Plaid was working on a payments product that could be a substitute for debit cards.

 

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