ARLINGTON, Va. — The Retail Industry Leaders Association on Wednesday said it opposes the proposed settlement of antitrust litigation against credit-card companies related to interchange fees and is encouraging plaintiffs to reject the settlement. Visa, MasterCard and their member banks in July proposed settling the lawsuits, which allege that they colluded to set interchange fees artificially high, by paying merchant plaintiffs $6.05 billion, plus an estimated $1.2 billion in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.