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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 ...
A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard. The settlement stems from a 2005 lawsuit that ...
The settlement is in addition to a 2023 financial $5.54 billion settlement between Visa and Mastercard and 18 million businesses that accepted Visa or Mastercard during a 15-year period up to Jan ...
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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Within days of the court ruling, Discover filed a lawsuit in federal court seeking damages from Visa and MasterCard. In October 2008, DFS was awarded $2.75 billion in damages, the third largest settlement at the time in U.S. history.
American Express, Discover, Mastercard and Visa have teamed up to create the new option for fast, secure online purchases. Their vision is to have one standard checkout button across all online ...
Fri, Jan 14, 2022 · 3 min read. serg3d via Getty Images. Three PayPal users who've allegedly had their accounts frozen and funds taken by the company without explanation have filed a federal ...