Payments News

Banks Beat Bid to Revive Swipe Fee Suit Despite Two-Sided Market

Jul 20, 2020
Consumers leading a proposed class action over Visa and MasterCard swipe fees failed to revive part of a sprawling antitrust case against four top banks Thursday, when a federal judge in Brooklyn ruled that two recent U.S. Supreme Court decisions don’t require her to set aside earlier rulings.

By Mike Leonard

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