ALEXANDRIA, Va. — Saying that the proposed $7.25 billion settlement of a civil class-action antitrust lawsuit against credit-card issuers does not go far enough in addressing retailer concerns, the National Association of Convenience stores said it has rejected the settlement offer. NACS is the first of the class-action plaintiffs to reject settlement of the suit, which was filed in 2005 against Visa, MasterCard and several card-issuing banks, alleging that they conspired to fix ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.