EU Docs Off-Limits In Interchange Fee MDL, Court Says

Law360, New York (August 30, 2010, 3:02 PM EDT) -- A federal judge has refused to force Visa Inc. and MasterCard Inc. to turn over official records from the European Commission's antitrust investigation of their interchange fee practices to U.S. plaintiffs, ruling that the law of international comity favored protecting the confidentiality of the European proceedings.

Judge John Gleeson of the U.S. District Court for the Eastern District of New York deferred Friday to the commission's request to shield a statement of objections it sent to Visa and a record of a MasterCard hearing from the...
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