- BusinessToday
Visa and Mastercard have reached a £30bn settlement to lower card fees for merchants in a landmark antitrust case that began in 2005. The credit companies deny any wrongdoing, but the settlement will result in lower swipe rates and more discretion for businesses to offer discounts.
United States Kim Lawrence Rob Baird North American Mastercard General Counsel Rob Baird Visa Mastercard Settlement
Source: businesstoday.in