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federal-appeals

U.S. loses bid to overturn AmEx antitrust decision

January 6, 2017 by · Leave a Comment 

A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of

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U.S. loses bid to overturn AmEx antitrust decision

federal-appeals

Visa, MasterCard $7.25 billion settlement with retailers is thrown out

July 1, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement reached by Visa Inc and MasterCard Inc with millions of retailers that accused the card networks of improperly fixing credit and debit card

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Visa, MasterCard $7.25 billion settlement with retailers is thrown out