Visa Inc.
Approved Evidence
Added to Rotten Company: 8/26/2026
Conduct/Event period: 2000–October 4, 2010
Ongoing: No
Resolution status: Resolved
Resolution date: July 20, 2011
Visa settled DOJ antitrust challenge to rules restricting merchant price competition
Summary
DOJ challenged Visa and Mastercard rules that prevented merchants from offering discounts, rewards or information to encourage consumers to use lower-cost payment methods. Visa and Mastercard agreed to a proposed settlement requiring them to allow merchants greater freedom to steer customers toward cheaper payment methods. Source: https://www.justice.gov/sites/default/files/atr/legacy/2010/10/04/262867.pdf
Evidence Weight
100.00
Severity: high
Recency Weight: 99.99648695068811
File Weight: 1