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Merchants Slam $7.25B Interchange Fee Deal's 'Limited' Relief

By Kelly Knaub (November 25, 2015, 4:52 PM EST) -- Attorneys for a slew of merchants told the Second Circuit Tuesday that a $7.25 billion settlement reached with Visa and MasterCard over interchange fees has "critical infirmities," saying the deal provides "limited and temporary" relief to the class but gives an "all-encompassing and perpetual" release to the defendants....

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