The Justice Department is preparing to file suit against San Francisco-based Visa, saying the financial services giant is shutting out rival payment processors.

This comes after a years long investigation and amid a larger effort from the White House to tackle noncompetitive behavior.

For more on this, KCBS Radio's Margie Shafer and Eric Thomas spoke with Rebecca Haw, law professor at Vanderbilt University who researches Antitrust law and regulatory law.

Justin Sullivan / Staff / Getty Images

The Justice Department is preparing to file suit against San Francisco-based Visa, saying the financial services giant is shutting out rival payment processors.
This comes after a years long investigation and amid a larger effort from the White House to tackle noncompetitive behavior.
For more on this, KCBS Radio's Margie Shafer and Eric Thomas spoke with Rebecca Haw, law professor at Vanderbilt University who researches Antitrust law and regulatory law.
Justin Sullivan / Staff / Getty Images

KCBS Radio: On-Demand

Today's news from KCBS Radio in the palm of your hand.

Advertisement