The settlement offered up to $7.25 billion in compensation for merchants who accepted Visa or MasterCard from January 2004 to November 2012. Read more
Lawyers representing financial institutions harmed by the massive 2013 Target data breach are opposing the proposed settlement agreement between the retailer and MasterCard on behalf of its... Read more
Nine companies including Federal Express Co., which had opted out of an earlier $7.25 billion settlement with Visa Inc. and Mastercard Inc., have now agreed to a settlement that resolved the... Read more
T-Mobile USA Inc. has settled its antitrust litigation against Visa Inc. and MasterCard Inc. This made T-Mobile the latest company to settle with the two companies in the antitrust litigatio... Read more
Visa, MasterCard and a number major banks have agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that store... Read more
Visa Inc. and MasterCard Inc., the world’s largest payment networks, have been sued by a trade group representing operators of automated teller machines over claims that the companies fix pr... Read more
The Justice Department has filed suit against the three largest U.S. credit card companies for anticompetitive practices. A proposed settlement has already been reached with MasterCard and V... Read more
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