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Visa, MasterCard seek to dismiss price-fixing suit

Visa, MasterCard seek to dismiss price-fixing suit

Visa and MasterCard will attempt to convince U.S. District Judge John Gleeson to dismiss multibillion-dollar litigation charging them with price-fixing because the suing retailers do not pay directly for the fees at issue. The plaintiffs claim that Visa, MasterCard, and the largest U.S. banks broke antitrust laws by illegally inflating interchange fees charged to merchants [...]

The post Visa, MasterCard seek to dismiss price-fixing suit appeared first on Payments Cards & Mobile.

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