Costco Reaches Deal With Creditors, Banks In Swipe Fee MDL

By Dave Simpson (June 17, 2022, 9:09 PM EDT) -- Costco told a New York federal court Friday that it has reached a deal to end its direct action claims in 17-year-old multidistrict litigation accusing Visa, Mastercard and several banks of jointly maintaining a series of anti-competitive rules that cause merchants to pay high transaction fees....

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