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A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion accord she rejected this ...
A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and retailers that the larger industry had criticized. The parties announced a preliminary settlement ...
This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and MasterCard on March 26, 2024, announced a settlement with U.S ...
A federal judge recently rejected an antitrust settlement between Visa (NYSE: V), Mastercard (NYSE: MA), and merchants over interchange, or swipe, fees.The proposed settlement was largely ...
A federal judge on Tuesday rejected a $30 billion settlement that would have capped the fees Visa and Mastercard charge to merchants for credit and debit card purchases.
After 13 years in federal court and six years after an earlier settlement was rejected by leading merchants, Visa and MasterCard reach $6.2 billion deal to end swipe-fee case.
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
Settlement rejected. Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.
In 2018 Visa and Mastercard agreed to pay $6.2 billion as part of the long-running suit filed by a group of 19 merchants. But the lawsuit then had two pieces that needed to be resolved: a dispute over ...
Visa, Mastercard Can Likely Handle Settlement Much Bigger Than $30 Billion, ... three days after announcing her rejection of the preliminary settlement. ... credit card issuers or travel companies.