In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

Case Movement

Case Details

  • Case Status: Pending
  • Docket Number: 1:05-md-01720
  • Category: Finance & Credit Cards

Merchants brought antitrust class action against two credit card issuing networks and issuing and acquiring banks, alleging that defendants harmed competition and charged merchants supracompetitive fees by creating unlawful contracts and rules and by engaging in various antitrust conspiracies in violation of the Sherman Act, the Clayton Act, the California Cartwright Act, and the California Unfair Competition Law (UCL).