Visa May Face DOJ Antitrust Suit Over Surcharge Rules

Law360, New York (July 29, 2010, 11:17 AM EDT) -- The U.S. Department of Justice is considering launching an antitrust suit against Visa Inc. over its rules preventing merchants from charging customers for using credit cards, though the financial giant has said it is in talks to resolve both the government's concerns and similar claims in related litigation.

Despite the ongoing negotiations, the DOJ "has indicated that it is considering filing a civil lawsuit" to challenge rules that stop merchants from placing surcharges on credit card purchases and from using differential discounting for the different credit...
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