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7/24/2025, 8:35:51 AM
>>11340622
https://www.justice.gov/archives/opa/pr/justice-department-sues-visa-monopolizing-debit-markets
The formal opinion of the fucking federal government is that Visa has NO value added service but continues to add fees because you CAN'T DO ANYTHING ABOUT IT. That's why they will do whatever it takes to stay in power. They have the easiest, most comfortable, highest profit ratio business model of almost any company to ever exist, and right now they have a monopoly charter granted to them by the federal government. They will happy spend billions to stay in power because billions is how they measure numbers in their business.
Tl;dr:
Total payment processor death can't come soon enough.
https://www.justice.gov/archives/opa/pr/justice-department-sues-visa-monopolizing-debit-markets
The formal opinion of the fucking federal government is that Visa has NO value added service but continues to add fees because you CAN'T DO ANYTHING ABOUT IT. That's why they will do whatever it takes to stay in power. They have the easiest, most comfortable, highest profit ratio business model of almost any company to ever exist, and right now they have a monopoly charter granted to them by the federal government. They will happy spend billions to stay in power because billions is how they measure numbers in their business.
Tl;dr:
Total payment processor death can't come soon enough.
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