February 02, 2015
Google Inc. and dozens of companies and vendors that had protested a $7.25 billion settlement with Visa Inc. and MasterCard Inc. agreed in New York federal court Friday to drop claims that the companies are conspiring to fix swipe fees for credit cards.
January 16, 2015
Nine companies including Federal Express Co., which had opted out of an earlier $7.25 billion settlement with Visa Inc. and Mastercard Inc., on Friday agreed to a settlement that resolved their claims in multidistrict litigation in New York that accused the credit card companies of fixing the price of swipe fees.
December 08, 2014
A New York federal court on Friday reassigned the judge who oversees the sprawling multidistrict litigation in which Visa Inc. and MasterCard Inc. are accused of artificially inflating card-swipe fees paid by merchants, issuing a notice without elaborating on the switch.
November 17, 2014
T-Mobile USA Inc. became the latest company to settle with Visa Inc. and MasterCard Inc. in New York district court in an antitrust litigation over interchange fees on Monday, hot on the heels of several other settlements in the case involving companies like Orbitz LLC, Duke Energy Corp. and Cox Communications Inc.
November 05, 2014
Dozens of companies, including Duke Energy Corp., Air Canada, and Orbitz LLC on Wednesday joined a flood of firms settling with Visa Inc. and MasterCard Inc. in antitrust cases over interchange fees since opting out of a $7.25 billion settlement in the long-running multidistrict litigation.
November 04, 2014
Live Nation Entertainment Inc. and Cox Communications Inc. became the latest companies to settle with Visa Inc. and MasterCard Inc. in an antitrust case over interchange fees since opting out of the $7.25 billion settlement in the long-running multidistrict litigation.
October 23, 2014
Hewlett Packard Co. on Thursday became the latest company to settle with Visa Inc. and MasterCard Inc. in litigation over an alleged conspiracy to fix credit card swipe fees, marking its exit from a New York federal court case filed with other merchants that had opted out of last year's $7.25 billion antitrust settlement.
September 08, 2014
Visa Inc.'s European counterparts on Friday asked a New York federal court to remove them from a class action lawsuit brought by retailers who allege a plot to fix credit card swipe fees, saying they don't do business in the U.S. and the complaint does not make sufficient allegations they were involved in antitrust behavior.
August 27, 2014
Delta Air Lines Inc. on Wednesday reached a settlement in New York federal court with Visa Inc. and MasterCard Inc. over an alleged plot to fix credit card swipe fees, ending its involvement in a case it filed along with a slew of other merchants that opted out of last year's historic $7.25 billion antitrust settlement.
July 18, 2014
A New York federal judge on Friday refused to dismiss suits from Wal-Mart Stores Inc. and other merchants that opted out of a $7 billion antitrust settlement with Visa Inc. and MasterCard Inc. over their interchange fees.