Antitrust Trial Over Visa, Mastercard ATM Policies Delayed

Law360, London (October 19, 2020, 6:16 PM BST) -- ATM operator Euronet agreed Monday to push back a London trial on its antitrust claims seeking hundreds of millions of dollars from Visa and Mastercard over their fee policies to 2023, after a judge said the initial timetable was too tight.

The Commercial Court trial over the alleged lawfulness of rules set by Visa and Mastercard, which is expected to run for between 10 and 12 weeks, was initially slated to start in October 2022. That has now been pushed back to February 2023 at the earliest.

Euronet, which operates ATMs in several EU countries, filed its damages claim in 2019,...

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