January 01, 2025
The coming year will bring the first bellwether trials in the closely watched federal baby formula mass litigation, the first courtroom battle over a COVID-19 vaccine patent and six major retailers' case against Visa and Mastercard over card swipe fees.
August 07, 2024
Six retailers including department store giant Target will go to trial in 2025 on claims that Visa and Mastercard overcharged them, a Manhattan federal judge said Wednesday, explaining that he arbitrarily chose from among 60 plaintiffs in a long-running, multibillion-dollar antitrust battle.
October 21, 2013
Visa Inc. and MasterCard Inc. told a New York federal judge Friday that an antitrust suit brought by Target Corp. and other retailers over the companies' allegedly anti-competitive fees is barred by an earlier $7.25 billion settlement deal and that the retailers' attempts to overcome that hurdle are meritless.
September 30, 2013
Target Corp. and other retailers on Friday urged a New York federal judge to keep alive their interchange fee antitrust class action against Visa Inc. and MasterCard Inc., rejecting arguments from the credit card giants that the retailers' claims are barred by the terms of a settlement in a previous suit.
August 16, 2013
MasterCard Inc. and Visa Inc. on Wednesday asked the judge weighing the companies' $7.25 billion interchange fee antitrust settlement for help wrangling an opt-out suit brought by Target Corp. and other retailers.
August 13, 2013
Visa Inc. and MasterCard Inc. on Tuesday asked a New York federal court to dismiss an antitrust lawsuit filed by 17 major retailers over the duo's allegedly anti-competitive fees, saying the claims were barred because of release agreements the companies provided years ago.
June 25, 2013
Visa Inc. and MasterCard Inc. on Tuesday said an antitrust lawsuit filed by 17 major retailers who rejected a $7.25 billion settlement in related multidistrict litigation regarding the duo's allegedly anti-competitive fees should be paused since the case could join the MDL.