Antitrust claims against credit card companies and major U.S. banks

Antitrust News - Visa, MasterCard and Major U.S. Banks Sued Over Credit Card Fees Legal News Watch

VISA, MasterCard and Major U.S. Banks Charged With Antitrust Violations For Fixing Credit Card Interchange Fees  RKMC

Facing a Multi-Billion Dollar Antitrust Litigation, MasterCard Plans IPO -  The financial institutions get rich by attempting to cash out part of their significant investment in MasterCard, which along with Visa and member banks are all under public scrutiny for being accused of illegal price-fixing 30minphotos

US retailers go after card firms - Credit card firms, including Visa and Mastercard, are under increasing attack over their fees, with the largest US merchant groups now joining the fray  30minphotos blog

American Express sues MasterCard, Visa, 8 banks - Banks named in the suit include Bank of America, U.S. Bancorp, J.P. Morgan Chase, Capital One, Household Bank, Wells Fargo, Providian National Bank and USAA Federal Savings Bank. All are members of MasterCard and Visa associations Biz Journals

AMERICAN EXPRESS SUES VISA AND MASTERCARD, LARGE BANK CARD ISSUERS FOR ANTITRUST VIOLATIONS  American Express

Retail's Antitrust Case Against Visa, MasterCard, and Major U.S. Banks Gourmet Retailer

Groups File Antitrust Case Against Visa, MasterCard and Major U.S. Banks  NACDS

One of four major merchant associations that filed an antitrust, class-action lawsuit alleging that Visa, MasterCard, Bank of America, Citibank, Bank One, Chase Manhattan Bank, J.P. Morgan, Chase, Fleet Bank, Capital One, and other banks are engaging in collusive practices by setting credit card interchange fees at supracompetitive levels NACS

Lawsuit against U.S. Bancorp, Wells Fargo dismissed - But the general counsel of the National Retail Federation, said the suit was poorly written and would not affect other merchant challenges to interchange Biz Journals

More information: 

A Whole New World for Big Plastic Business Week Online

$3 Billion Visa, MasterCard Antitrust Settlement Find Law

Visa, MasterCard Lose Supreme Court Appeal Washington Post

 Links from third party sites and synopsis descriptions from said sites are for information purposes only. Not responsible for the content, security, validity or accuracy contained in and from said third party sites. Disclaimer