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High Court Shouldn't Hear $7B Visa, MC Deal, Retailers Say

By William Gorta ( February 22, 2017, 8:37 PM EST) -- A pair of merchant trade groups asked the Supreme Court on Tuesday to refuse to hear the appeal of retailers seeking to reinstate a $7.25 billion antitrust settlement with Visa and MasterCard over interchange fees that was shot down by the Second Circuit, calling the deal an "enormously unpopular and worthless mandatory settlement."  ...

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