Second Circuit Affirms $5.6B Settlement of Antitrust Claims in Merchants’ Credit Card Fee Case
Mogin Rubin M&A
MARCH 27, 2023
MasterCard International Inc., The merchants maintained that the card companies and banks adopted payment card rules that allowed Visa and MasterCard to charge supracompetitive interchange fees on each transaction. The settling class members accepted Visa or Mastercard-branded cards in the U.S. 20-339-CV(L).
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