Plaintiffs Widen Antitrust Case V. MasterCard, Visa

Law360 (February 23, 2009, 12:00 AM EST) -- Plaintiffs in the multidistrict litigation over credit card interchange fees have hurled new price-fixing claims against Visa USA Inc. and expanded allegations that MasterCard Inc.’s and Visa’s initial public offerings violated antitrust laws.

The plaintiffs built on several parts of their antitrust case against the credit card companies and their member banks in the U.S. District Court for the Eastern District of New York on Friday, filing a 129-page second consolidated amended class action complaint, a 105-page first amended supplemental complaint and an 83-page second supplemental...
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