Visa, BofA Urge Justices To Review ATM Fee Antitrust Row

Law360, New York (April 19, 2016, 4:21 PM EDT) -- Visa, MasterCard and banks such as Bank of America have urged the U.S. Supreme Court to review the D.C. Circuit’s move last year to revive a putative class action that claims the defendants conspired to stifle competition and inflate ATM fees, arguing the ruling effectively brands associations as “walking conspiracies.”

The high court should take on the case so it can resolve the split the D.C. Circuit has created with the Third, Fourth and Ninth circuits, which have held allegations of similar alleged conduct by association...
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