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Visa sued by Australian competition watchdog
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Visa sued by Australian competition watchdog
Australia's competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in transactions. The regulator also alleged that Visa "engaged in exclusive dealing" and barred retailers from using rival currency conversion services. The Australian Competition and Consumer Commission alleged that such practices were meant to boost Visa's revenue......Read more hereTags: None
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