Financial Briefs

Breaking financial news from Wall Street to Main Street

  • Top Posts

    • None

Discover May Gain $4 Billion in Visa, MasterCard Suit

Posted by financialbriefs on September 25, 2008

Visa and MasterCard may have to pay as much as $18 billion if the suit fails to settle. U.S. courts earlier determined that restrictions placed on banks by the world’s two largest card companies stifled competition and violated federal antitrust law.

read more

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>