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Why the Justice Department says Visa has monopoly over debit cards

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Why the Justice Department says Visa has monopoly over debit cards – CBS News

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The Justice Department sued Visa on Tuesday, accusing the credit card business of reaping big profits by shutting out rival payment processors and passing on costs to consumers. CBS News legal contributor Jessica Levinson joins to unpack the antitrust allegations and what they could mean for the credit giant.

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