Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’ - eviltoast
Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’
www.cnbc.com
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
  • girthero@lemmy.world
    3·
    1 month ago

    This also became trend for locally owned restaurants around me recently. From pizza shops to fine dining.

    • ShepherdPie@midwest.social
      21·
      1 month ago

      Whenever I see a restaurant or other small business doing this, I always assume it’s to hide revenue and avoid taxes.

      • girthero@lemmy.world
        1·
        1 month ago

        In the past I thought the same, but combined with recent inflation I can see why restaurants want to pass on a discount to the consumer.