Visa Stock Slips Amid Reports DOJ Is Preparing Antitrust Suit

Key TakeawaysVisa shares fell Tuesday morning following reports that the U.S. Department of Justice (DOJ) is preparing an antitrust lawsuit against the payment processor.The DOJ could file a suit as soon as Tuesday accusing the company of using monopolistic tactics to retain its top spot in the payments market, Bloomberg and The New York Times reported.A suit would be the latest in a string of recent antitrust moves from the DOJ and Federal Trade Commission (FTC). Visa (V) shares slipped amid reports that t ...