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Case Number:

1:05-md-01720

Court:

New York Eastern

Nature of Suit:

410 Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Chief Judge Margo K. Brodie

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Companies

Government Agencies

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August 16, 2013
Visa, MasterCard Seek Help On Target Card Fee Fight

MasterCard Inc. and Visa Inc. on Wednesday asked the judge weighing the companies' $7.25 billion interchange fee antitrust settlement for help wrangling an opt-out suit brought by Target Corp. and other retailers.
July 03, 2013
Objectors Of $7B Swipe Fee Deal Can't Cross-Examine Expert

The New York federal judge considering multidistrict antitrust litigation over swipe fees charged by Visa Inc. and MasterCard Inc. said Tuesday that a court-appointed economic expert could not be cross-examined, denying a request from objectors to a proposed $7.25 billion settlement in the case.
June 25, 2013
Foes Of $7B Swipe Fee Deal Want Expert Report In Writing

Objectors to a proposed $7.25 billion class action settlement of antitrust allegations over swipe fees charged by Visa Inc. and MasterCard Inc. told a New York federal judge Monday that a court-appointed economic expert should issue written findings that can be cross-examined.
June 14, 2013
Swarovski Calls $7B Interchange Fee Deal A Catch-22

Swarovski's North American operations on Thursday joined the chorus of retailers opposing a $7.25 billion settlement in the interchange fee antitrust litigation, arguing that the provision allowing merchants to charge customers extra to accept Visa Inc. and MasterCard Inc. cards was a double-edged sword.
May 29, 2013
State AGs Object To $7B Visa, MasterCard Swipe Fee Deal

Major trade organizations, some of the nation's largest retailers and nine state attorneys general filed objections Tuesday to a $7.25 billion settlement agreement with Visa Inc. and MasterCard Inc. in a multidistrict litigation pending in New York federal court over allegedly anti-competitive credit and debit card transaction fees.
May 28, 2013
CVS Sues Visa, MasterCard Over Interchange Fee Fixing

CVS Pharmacy Inc. became the latest retailer Tuesday to launch a new antitrust suit against Visa Inc. and MasterCard Inc. over their allegedly anti-competitive transaction fees, after opting out of a $7.25 billion settlement in related multidistrict litigation.
May 24, 2013
First Data Lambastes $7B Interchange Fee Antitrust Deal

Global payment processing company First Data Corp. moved Friday to opt out of the $7 billion interchange fee class action settlement, saying that it shouldn't be forced to give up its right to bring antitrust claims against Visa Inc. and MasterCard Inc.
May 24, 2013
Visa, MasterCard Sue Opponents Of $7B Swipe Fee Deal

Visa Inc., MasterCard Inc. and several major lenders, including Bank of America NA, struck back Friday at retail trade associations objecting to a proposed $7.25 billion settlement over allegedly excessive credit card fees, asking a New York federal judge in a complaint to find their fee-setting practices lawful.
May 21, 2013
Starbucks, Wal-Mart Reject $7B Swipe Fee Settlement

Nineteen of the nation's largest retailers, including Starbucks Corp. and Wal-Mart Stores Inc., announced Tuesday that they would opt out of a $7.25 billion settlement intended to resolve multidistrict antitrust litigation alleging Visa Inc. and MasterCard Inc. charged excessive fees to merchants that accept the companies' cards.
May 03, 2013
Opponents Of $7B Swipe Fee Deal Escape Contempt Finding

Trade groups opposing a proposed $7.25 billion settlement of an antitrust suit over swipe fees charged by Visa Inc. and MasterCard Inc. did not act in contempt of an order requiring changes to their websites, a New York federal judge ruled Friday.

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