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Expert Analysis

Home Depot's Credit-Card Antitrust Claims: Privacy Takeaways

Law360, New York ( June 23, 2016, 11:49 AM EDT) -- A recent bombshell lawsuit by The Home Depot Inc. alleges patterns of antitrust violations, illegal collusion and anti-competitive conduct by the Visa and MasterCard credit card networks. The suit arises in a climate in which the networks are increasingly under attack by retailers, and in which The Home Depot is embroiled in extensive litigation stemming from a massive 2014 breach of customer data. Finally, for consumers concerned with payment card security, the suit highlights potential weaknesses in some U. S. payment card technologies — particularly when compared to systems widely used overseas. . . .

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