In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

Track this case

Case overview

Case Number:

1:05-md-01720

Court:

New York Eastern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action, Multi-district Litigation

Judge:

Brian M. Cogan

Firms

Companies

Government Agencies

Sectors & Industries:

July 13, 2012
Visa, MasterCard To Pay $7.25B To Settle Card-Fee MDL

Credit card companies Visa Inc. and MasterCard Inc. and a slew of banks agreed Friday to a $7.25 billion settlement ending class allegations in a sprawling multidistrict litigation in New York that they artificially inflated the prices of interchange fees paid by merchants.
November 02, 2011
Visa, MasterCard, Banks Call Card-Fee MDL Groundless

Credit card companies Visa Inc. and MasterCard Inc. and a host of banks fought antitrust and other allegations from a sprawling multidistrict litigation over interchange fees on Wednesday, arguing to a New York federal judge that the merchant plaintiffs have no grounds for their case.
August 30, 2010
EU Docs Off-Limits In Interchange Fee MDL, Court Says

A federal judge has refused to force Visa Inc. and MasterCard Inc. to turn over official records from the European Commission's antitrust investigation of their interchange fee practices to U.S. plaintiffs, ruling that the law of international comity favored protecting the confidentiality of the European proceedings.
July 29, 2010
Visa May Face DOJ Antitrust Suit Over Surcharge Rules

The U.S. Department of Justice is considering launching an antitrust suit against Visa Inc. over its rules preventing merchants from charging customers for using credit cards, though the financial giant has said it is in talks to resolve both the government's concerns and similar claims in related litigation.
January 06, 2010
Fee MDL Plaintiffs Clamor For Visa, MasterCard EU Info

The plaintiffs in multidistrict antitrust litigation over payment card interchange fees have asked a judge to compel Visa Inc. to turn over a European Commission statement of objection and make MasterCard Inc. produce a record of a hearing before the commission.
May 21, 2009
Merchants Seek MasterCard, EU Settlement Info

Merchants in a consolidated antitrust suit against major payment card companies over interchange fees have asked that defendant MasterCard International Inc. be required to produce all communications with the European Commission regarding a settlement of an EU regulatory action over the fees.
February 23, 2009
Plaintiffs Widen Antitrust Case V. MasterCard, Visa

Plaintiffs in the multidistrict litigation over credit card interchange fees have hurled new price-fixing claims against Visa USA Inc. and expanded allegations that MasterCard Inc.’s and Visa’s initial public offerings violated antitrust laws.
November 26, 2008
MasterCard Wins Dismissal Of IPO Antitrust Claims

A federal judge overseeing the massive interchange fee antitrust litigation in New York has tossed a supplemental complaint against MasterCard Inc. over its initial public offering, but will give the merchant plaintiffs a chance to plug the holes in their claims.
May 13, 2008
Interchange Fee Judge Briefly Owned Visa Stock

A federal judge in the multidistrict litigation over credit card interchange fees has revealed that he inadvertently owned Visa shares for 18 days but says he does not believe the matter is grounds to disqualify him.
March 17, 2008
Visa, MasterCard Win Appeal In Interchange Fee Case

A group of businesses that sued Visa USA Inc. and MasterCard International Inc. over their contentious interchange fees has lost a challenge to a federal court's ruling that evidence of its antitrust claims was unpersuasive.

← Previous
…
7
8
9
10
11
12
13
14
15
Next →