Defendants In ATM Fee Case Seek Summary Judgment

Law360, New York (August 6, 2007, 12:00 AM EDT) -- The banks and credit unions that are part of First Data Corp.’s ATM network have lashed out at a purported antitrust class action alleging they fixed interchange fees, arguing that the case is based on a meritless theory of antitrust liability.

Bank of America Corp., Citibank NA and other members of the Star electronic payments network called on the U.S. District Court for the Northern District of California on Friday to grant them summary judgment in the case, which alleges the fee that members pay to...
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