12.21.12
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User ID: 9992933 United States 07/13/2012 09:49 PM Report Abusive Post Report Copyright Violation | Visa, MasterCard in $7.3 billion settlement over credit card fees Updated at 8:13 p.m. ET: Visa, MasterCard and the nation's biggest banks have agreed to pay $7.3 billion to millions of merchants to end a seven-year dispute over credit card “swipe” fees. The settlement includes at least $6.05 billion in payments to some 7 million merchants for past damages and a temporary reduction in fees valued at $1.2 billion. Visa alone has agreed to pay $4.4 billion to settle the class action and related individual claims from merchants who alleged the card issuers violated the Sherman antitrust act by fixing the fees imposed to process credit card transactions. The settlement, which still requires judicial approval, is believed to represent the largest payment ever in a private antitrust case brought under the Sherman Act. [ link to bottomline.msnbc.msn.com] |
12.21.12
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User ID: 9992933 United States 07/13/2012 10:17 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees |
IsTime
User ID: 1357114 United States 07/13/2012 10:25 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees |
12.21.12
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User ID: 9992933 United States 07/13/2012 10:30 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees |
11.11.11
User ID: 19593000 United States 07/13/2012 10:58 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees Show me the money! Spirituality is the opposite of religion, religion is a substitute for spirituality. Spirituality is a direct connection to Creator The Most high.
Anyone who inflicts pain on others will suffer themself from that pain.
Though I walk through the valley of the shadow of death, I fear no evil. |
12.21.12
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User ID: 9992933 United States 07/13/2012 10:59 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees Show me the money! Quoting: 11.11.11 |
12.21.12
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User ID: 9992933 United States 07/13/2012 11:42 PM Report Abusive Post Report Copyright Violation | Re: Visa, MasterCard in $7.3 billion settlement over credit card fees who's next ( big finance company ) |