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June 25, 2024 at 12:59 PM. A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and a select group of retailers that was decried by the larger industry ...
June 26, 2024 at 4:43 PM. A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit ...
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard ... card issuers would've lowered the typical 1.5% to 3.5% swipe fee by 0.04 percentage points ...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
June 26, 2024 at 11:14 AM. NEW YORK (AP) — A federal judge said she's not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants ...
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Image source: Getty Images. As part of the settlement agreement, Visa and Mastercard denied any wrongdoing but agreed to reduce their swipe fees by 4 basis points for the next three years and for ...
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