DOJ files lawsuit against Visa, alleging illegal monopoly over debit cards

The United States Department of Justice filed an antitrust lawsuit against Visa Tuesday, alleging the company maintains an illegal monopoly over debit cards. This comes after a bipartisan bill was introduced in Congress last year that aims to address Visa and Mastercard’s near duopoly over the credit card market, which senate officials said would save consumers billions each year.

WGN’s Ray Cortopassi reports from the anchor desk on the story.