- The Justice Department is looking at Visa Inc’s debit practices, the company said on Friday, after reports the United States was investigating whether the credit card company uses anticompetitive practices in the debit-card market.
“We believe Visa’s U.S. debit practices are in compliance with applicable laws,” the company said. “Visa is cooperating with the Department of Justice.”The Justice Department declined comment on Friday. While such investigations are not unusual, this one comes amid a greater interest in the digital marketplace.
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