BigClassActions.com
Advertisement

Visa USA Inc. and MasterCard International Inc. Class Action Dismissed



Merchants tried to file a class action lawsuit against the two credit card companies as well as three other banks for allegedly fixing transaction fees in violation of antitrust law. In San Francisco, a U.S. District Judge ruled the facts didn't support the merchants' claims that Visa and MasterCard set the fees that merchants pay to banks for processing credit card transactions. The lawsuit has been dismissed. (Jul-26-05) [BUSINESS WIRE]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no obligation, please fill in our form on the right to submit your complaint.

Add Your Comment on This Issue

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Request Legal Help