MasterCard "welcomes" dismissal of antitrust suit
Recent Cases
MasterCard International said on Thursday it welcomed a U.S. appeals court's dismissal of an antitrust lawsuit by a group of merchants claiming that the company, Visa USA and three banks had conspired to set fees charged to businesses for credit card sales.
The ruling by the 9th U.S. Circuit Court of Appeals upholds a San Francisco federal judge's 2005 dismissal of the case led by hair salon operator Sheri Kendall and James Maser, who operated a restaurant in Alameda County.
MasterCard General Counsel Noah Hanft said in a statement that the company "welcomed" the appellate ruling on March 7.
"No U.S. court has found interchange to be illegal," he said, referring to the fees charged among card association member banks.
The plaintiffs' attorney, Richard Archer, had no comment on the ruling.
The 9th U.S. Circuit Court of Appeals ruled that the merchants had failed to present facts to support claims of a conspiracy among the credit card companies and Bank of America Corp, Wells Fargo & Co and U.S. Bancorp.
The merchants had accused the card associations of fixing prices on "merchant discount fees," which are transaction fees between merchants and banks, and interchange fees.
The court dismissed the case without leave to amend, which means the merchants cannot refile the case.
Related listings
-
Lawyer says imprisoned man innocent
Recent Cases 03/11/2008A lawyer says a man imprisoned for killing another man at a Chicago McDonald's 26 years ago is innocent and he may get a new trial. Alton Logan was sentenced to life in prison as an accomplice in the 1982 killing. The alleged shooter, Edward Hope, re...
-
Justice often slow for elder crimes
Recent Cases 03/09/2008So far, Mary Morris has spent three years and $73,000 to get back just part of the $475,000 that was withdrawn from her mother's accounts by the relative who was overseeing the elderly woman's affairs. Morris' mother agreed, three years before she di...
-
D.C. Gun Case Draws Crowd of High Court 'Friends'
Recent Cases 03/08/2008[##_1L|1408982622.jpg|width="131" height="91" alt=""|_##]With the Supreme Court examining for the first time in 70 years the right to bear arms guaranteed by the Second Amendment, a group of gay and transgender gun owners called the Pink Pistols coul...
Car Accident Lawyers in New Rochelle, New York
If you have gotten in a car accident, it could seriously change your life. Whether the accident was caused by the other party’s fault or a fault of your own, you’ll want to to make sure that you are ready to prepare yourself for any cases that might follow.
Immediately following any type of car accident, it is important to take certain steps to ensure that the courts will treat you with respect and fairly. First, assess your mental and physical condition. Make sure right after the accident, you document any information regarding the accident and situation, it can be of great help later on.
You’ll want to make sure that you seek professional help for any medical conditions you may be experiencing. Do not wait to seek medical attention, you’ll want to make sure that you have documented evidence of the injury that was caused by the accident. The amount of treatment is also taken into consideration in every case.