It has been struck down by a federal court. The retailers had accused the card payment networks of overcharging interchange fees with banks while using credit and debit cards. The court noted that the settlement deal was unfair to retailers who would not get any benefit at all. The litigation was brought forward in 2006 and plaintiffs include, WalMart and CostCo.

MasterCard and Visa’s $7.2 Bn antitrust settlement with 12 Mn retailers in the US has been struck down

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