101@feddit.org to News@lemmy.worldEnglish · 2 months agoUS Justice Department sues Visa, saying it monopolizes debit card markets.www.voanews.comexternal-linkmessage-square8fedilinkarrow-up1126
arrow-up1126external-linkUS Justice Department sues Visa, saying it monopolizes debit card markets.www.voanews.com101@feddit.org to News@lemmy.worldEnglish · 2 months agomessage-square8fedilink
minus-squareHobbitFoot @thelemmy.clublinkfedilinkEnglisharrow-up1·2 months agoWhile Visa may have done some unethical things to become the monopoly, the industry would have naturally gone that way no matter what.
minus-squareThrowawayOnLemmy@lemmy.worldlinkfedilinkarrow-up1·2 months agoWe’re talking about what can be proven, and the DoJ seems to think they can prove Visa drove the market this way. You’re talking about a hypothetical market where Visa didn’t do what they did, which is irrelevant.
While Visa may have done some unethical things to become the monopoly, the industry would have naturally gone that way no matter what.
We’re talking about what can be proven, and the DoJ seems to think they can prove Visa drove the market this way. You’re talking about a hypothetical market where Visa didn’t do what they did, which is irrelevant.