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Visa and MasterCard head to court in Canada
Tuesday, 08 May 2012
Canada’s Competition Bureau will today open its prosecution of the world’s two major credit card companies, Visa and MasterCard, in a case that it hopes will serve as a positive bellwether for future case litigation.
Visa and MasterCard sued by ATM operators
Thursday, 13 October 2011
A professional association of automated teller machine (ATM) operators has filed a class action lawsuit against Visa and MasterCard for restrictive business practices.
Deal to end DoJ case against Visa and MasterCard finalised
Thursday, 21 July 2011
A federal court has given its final approval to a settlement agreement between the US government, and credit card companies Visa and MasterCard that officially ends the DoJ’s antitrust case against them.
Wikileaks goes after Visa & MasterCard
Friday, 15 July 2011
Credit card payment services company DataCell and news website Wikileaks have filed a competition complaint with the European Commission against Visa and MasterCard, alleging restrictive practices and abuse of dominance.
Canada targets credit card retailer rules
Premium Article - Friday, 17 December 2010
Canada’s Competition Bureau has filed an application with the country’s competition tribunal to stop Visa and MasterCard imposing anti-competitive rules on merchants who accept their credit cards as a form of payment.
Amex hit with DoJ antitrust suit
Premium Article - Tuesday, 05 October 2010
The US Department of Justice has sued American Express, saying that its merchant rules limit consumer choice and violate antitrust laws.
Mastercard & Visa nearing DoJ settlement
Premium Article - Monday, 04 October 2010
Credit card companies Mastercard and Visa are close to agreeing a settlement with the US Department of Justice’s antitrust division over its long-running investigation of merchant surcharges, according to press reports.
Visanet and Visa meet CADE requirements
Premium Article - Wednesday, 11 August 2010
Visanet and Visa do Brasil have met obligations to satisfy a settlement agreement with Brazil's Council for Economic Defence (CADE).
Amex sued over anti-steering rules
Premium Article - Wednesday, 16 June 2010
A national retailers' association has sued US credit card company American Express, claiming the company’s rules against merchants recommending less expensive forms of payment gives it an unfair monopoly over its products.
Morgan Stanley granted part of Discover antitrust settlement
Premium Article - Wednesday, 06 January 2010
A federal judge has sided with financial firm Morgan Stanley in its disputed separation from Discover Financial Services, allowing the bank to collect part of an antitrust settlement Discover was awarded in 2008.
Card companies pay balance to retailers
Premium Article - Wednesday, 09 December 2009
Credit and debit card operators Visa and MasterCard are paying more than US$1 billion in the final large-scale disbursement of a 2003 antitrust settlement.
Court approves currency conversion settlement
Premium Article - Friday, 23 October 2009
A US federal court judge has approved a US$336 million settlement of a class action that alleged that Visa, MasterCard and their member banks conspired to overcharge customers who make purchases in foreign currencies.
Colombian banks fined over credit card tariffs
Premium Article - Wednesday, 23 September 2009
Colombia's antitrust authority has fined two credit card companies and 18 banks almost US$8 million for failing to honour commitments made in the settlement of an earlier price-fixing investigation.
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GCR April/May 2012
In this issue:
Survey: Australia • Howrey: in their words • Rod Sims interview • GCR cartel roundtable • GCR Live Law Leaders Asia-Pacific
GCR Live Events
Jun
20
GCR Live Financial Services and Competition Law 2012
Organiser: Global Competition Review
Wed, 20th June
London, United Kingdom
Jun
28
GCR Live Consumer Goods and Retail - Latin America 2012
Organiser: Global Competition Review
Thu, 28th June
São Paulo, Brasil
Oct
09
Nov
13
GCR Live 4th Annual Competition Law Review
Organiser: Global Competition Review
Tue, 13th November - Wed, 14th November
Brussels, Belgium
Feb
08
