Retailers Target Visa Rules As Antitrust Suits Forge Ahead

Law360, London (January 25, 2019, 2:26 PM GMT) -- A group of nearly 400 retailers, local councils and companies pursuing Visa Inc. at a London court for damages over how interchange fees are set has taken aim at the trading conditions imposed by the credit card company, saying in new documents that they are unfair.

The retailers — which include high street companies such as Dune Shoes Ltd. and Odeon Cinemas Ltd. as well as county and city councils from across the U.K. — have claimed at the High Court that Visa abused its dominant position in the payment services market and broke competition rules when it set prices as...

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