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$7.25B Visa, MasterCard Swipe Fee Deal Gets Approval

By David McAfee (December 13, 2013, 5:13 PM EST) -- A New York federal judge on Friday approved a proposed $7.25 billion antitrust settlement — believed to be the largest antitrust settlement ever — over Visa Inc. and MasterCard Inc.'s alleged conspiracy to fix prices for credit card swipe fees, resolving claims brought by a putative class of about 12 million merchants....

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