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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on V:
- Penn downgraded, Roblox upgraded: Wall Street’s top analyst calls
- Here’s what Wall Street experts are saying about Block ahead of earnings
- Global Payments price target raised to $135 from $120 at Credit Suisse
- NULG: Check Out This Large-Cap Growth ETF’s Strong Performance
- Visa price target raised to $255 from $240 at Mizuho