Having recently settled with U.S. merchants over tariffs, Visa (V) is in hot water in the EU,...

|About: Visa Inc. (V)|By:, SA News Editor

Having recently settled with U.S. merchants over tariffs, Visa (V) is in hot water in the EU, where competition regulators charge the firm over its cross-border credit-card fees and domestic charges in eight countries. The EU accuses Visa of hurting bank competition, inflating costs for merchants, and ultimately increasing consumer prices. (PR)