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A credit-card settlement that could save businesses billions was dealt a big blow. Here's what happens next and what businesses need to know.
A judge rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants accepting their credit and debit cards.
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.
Judge rejects $30 billion Visa, Mastercard swipe-fee settlement The credit card companies will have to either renegotiate the deal with merchants or go to trial.
Visa and Mastercard reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers.
Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate ...
A U.K. judicial body says the card networks have breached competition laws, while Belgian regulators are examining Wordline ...
Victory for Scott + Scott in merchants' challenge following earlier settlement by Stephenson Harwood-advised claimants ...
The UK's Competition Appeal Tribunal has ruled that Visa and Mastercard's multilateral interchange fees charged to retailers ...
Still, displacing card networks won't be easy, especially in the US, where consumers are used to rewards, fraud protection ...
A digital payment battle is brewing as tech firms and crypto startups challenge Visa and Mastercard's dominance. Stablecoins, ...
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