Wal-Mart Suing Visa Over Swipe Fees

Segment News 2014-04-02

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Wal-Mart has filed a lawsuit against Visa for five billion dollars in damages for loss of revenue on in the US District Court of Arkansas. Company officials at Wal-Mart stated that Visa has the power to dictate pricing because they are a monopoly and free from competition. http://dailyglobe.com/70072/walmar-sues-visa-for-swipe-fees/

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