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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Ohio v. American Express Co., 585 U.S. ___ (2018), was a United States Supreme Court case regarding the nature of antitrust law in relationship to two-sided markets.The case specifically involves policies set by some credit card banks that prevented merchants from steering customers to use cards from other issuers with lower transaction fees, forcing merchants to pay higher transaction fees to ...
The case has been called one of the most important of the late 20th century, since it freed nationally chartered banks to offer credit cards to anyone in the U.S. they deemed qualified, and more specifically because it allowed them to export credit card interest rates to states with stricter regulations, opening up a race between states in an ...
The men allegedly purchased more than $100,000 worth of materials on their employer’s credit card. ... aiding and abetting, and civil conspiracy in a civil suit filed in the U.S. Eastern ...
According to the lawsuit filed in October 2022, Nanci Palacios Godinez was denied a credit card at GTE Federal Credit Union because she wasn't a permanent resident. GTE has denied all allegations ...
Texas judge again transfers lawsuit over card late fee rule to Washington. Nate Raymond. May 29, 2024 at 1:21 PM ... After the 5th Circuit then returned the credit card fee case to Pittman, the ...