The Department of Justice has begun investigating Visa’s (V) policies for charging retailers more if they don’t use the company’s proprietary “tokenization” technology, Jenny Surane and Leah Nylen of Bloomberg report, citing people familiar with the matter. The inquiries come more than two years after the DOJ first informed Visa it was opening an antitrust probe into the company’s practices, and several months after Mastercard (MA) resolved a case involving its own tokenization practices, Bloomberg adds.
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