In its quarterly 10-Q regulatory filing, Mastercard stated: "In March 2023, Mastercard received a Civil Investigative Demand, or ‘CID,’ from the U.S. Department of Justice Antitrust Division, or ‘DOJ,’ seeking documents and information regarding a potential violation of Sections 1 or 2 of the Sherman Act. The CID focuses on Mastercard’s U.S. debit program and competition with other payment networks and technologies. Mastercard is cooperating with the DOJ in connection with the CID."
Published first on TheFly
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