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Visa, Mastercard agree to $30 billion settlement over credit

Convenience-store, other retail groups say deal is bad for merchants

United statesSan franciscoNew yorkLinda nussbaumChristopher jonesSteve shadowenKim lawrenceRobert eislerNational association of convenienceNational grocers association senior viceHilliard shadowenUs district courtMichael freed of kanner london millenNussbaum law groupMerchants payments coalitionRob beard

Visa, Mastercard to lower swipe fees in merchant antitrust suit settlement

Visa and Mastercard agreed to reduce and cap credit card interchange fees as part of a landmark antitrust settlement with U.S. merchants, who say the deal…

Hilliard shadowenReaking news

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

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

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 back

Visa And Mastercard Will Slash Merchant Swipe Fees In Landmark Settlement

The reduced rates could save retailers $30 billion over the next five years.

New yorkUnited statesRobert eislerHilliard shadowenUs district courtEastern districtCard competition actMastercard face next fight after

Mastercard, Visa Reach Settlement in Swipe Fee Lawsuit

Mastercard and Visa have reached a class action settlement with U.S. merchants after 20 years of antitrust litigation around swipe fees.

United statesKim lawrenceSteve shadowenHilliard shadowenNorth america

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