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U.S. Merchants Enter into Landmark Class Action Settlement with Visa and Mastercard to Eliminate Anti-Competitive Restraints and Reduce Swipe Fees

Published: March 26, 2024

/PRNewswire/ -- A landmark antitrust class action settlement has been reached between U.S. merchants and Visa Inc. ("Visa") and Mastercard Incorporated...

Source: prnewswire.com

Related Topics:

United StatesNew YorkJoseph StiglitzRobert EislerSteve ShadowenLinda NussbaumSupreme CourtVisa IncHilliard ShadowenSecond Circuit CourtMichael Freed Of Kanner London MillenUs District CourtMastercard IncorporatedAmerican ExpressNussbaum Law GroupSettlement Includes Rate Roll BackFive Year Rate CapWill Deliver CloseNear Term Swipe FeeEliminates Anti Steering RestrictionsProviding MerchantsCompetitively PriceCard LevelIssuer LevelBuying Groups