Critics Of $7B Visa, MasterCard Deal Say Expert On Their Side

Law360, New York (September 5, 2013, 4:04 PM EDT) -- A group of companies objecting to a $7.25 billion deal in multidistrict litigation over Visa Inc.'s and MasterCard Inc.'s interchange fees argued Wednesday that a recent report from the court-appointed economic expert support their challenge to the antitrust settlement.

Less than a week after New York University professor Alan O. Sykes filed his report concluding that the settlement may be a reasonable deal for the plaintiffs despite its shortcomings given the substantial risks of taking the case to trial, parties on all sides of the deal...
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