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Japan closes antitrust probe into Visa after company commits to reforms

By Sachiko Sakamaki ( July 22, 2025, 06:30 GMT | Insight) -- Japan’s antitrust regulator today announced that it has closed its investigation into Visa Worldwide after accepting the company’s remedial commitments over alleged anti-competitive practices in the credit card market. The probe — the first time the Japan Fair Trade Commission has taken legal action against a leading global credit card brand — focused on allegations that the Singaporean arm of US-based Visa, which handles its Japanese business, unfairly steered Japanese companies toward its card authorization system over a rival’s through a subtle rule change in the complex network of credit card transactions. Japan’s antitrust regulator today announced that it has closed its investigation into Visa Worldwide after accepting the company’s remedial commitments over alleged anti-competitive practices in the credit card market....

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