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Visa To Pay $18M For Anti-Competitive Conduct

September 07, 2015
Some methods of competition have landed Visa in hot water in Australia. In proceedings brought by the Australian Competition and Consumer Commission (ACCC), the Federal Court of that country has ordered Visa Worldwide to pay a penalty of $18 million for engaging in anti-competitive conduct. According to the ruling, from May 1, 2010, to Oct. […]