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Tag: Antitrust law

Legal Definitions and Terms Related To The Settlement

By Christina IsonIn Uncategorized, Fees, Interchange Rate, legal definations, Merchant Account, Merchant GuidePosted January 30, 2025

In March 2024, a proposed class settlement agreement was announced relating to the antitrust class action lawsuits against Visa and Mastercard in 2006, when U.S. merchants initiated the lawsuits. The settlement marks a significant step toward resolving the long-standing legal issues. The settlement of the Payment Card Interchange Fee Class...

Tags: Antitrust law, Class action, Interchange fees
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