Credit Card Defendants Oppose Special Master

Law360, New York (January 22, 2008, 12:00 AM EST) -- Defendants in the payment card interchange fee litigation have opposed the class plaintiffs' motion requesting the appointment of a special master and the adoption of certain privilege dispute procedures that stem from the Vioxx product liability litigation.

Attorney Wesley Powell of Hunton & Williams LLP wrote on behalf of defendants Mastercard, Visa USA, Visa International, Bank of America, Citigroup and Wells Fargo.

The defendants are accused of colluding in price fixing of interchange fees for the Visa and Mastercard networks. An interchange fee is payment processed...
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