Retail Opposition Clouds $7B Interchange Fee Deal’s Future

Law360, New York (July 25, 2012, 9:57 PM EDT) -- Backed by antitrust big guns Constantine Cannon LLP, the retail group behind growing opposition to Visa Inc.'s and MasterCard Inc.'s $7 billion settlement in the interchange fee antitrust case may not derail the deal completely but could force the credit card giants back to the negotiating table.

In an unusual move, the National Association of Convenience Stores announced shortly after the record-setting deal was announced July 13 that it would oppose the settlement despite being a named plaintiff in the case, making the group a threat...
To view the full article, register now.