Card moderns 05-12-2004 Litigation Journal: A Tale of pair Lawsuits Volume: 19 Number: 9 ISSN: 08940797 Publication Date: 05-12-2004 Page: 1 Type: Periodical Language: English Visa and MasterCard have exhausted a lot of time dealing with sum of two units antitrust cases - the U Department of Justice (DoJ) case and a class-action lawsuit brought by means of retailers over signature-based debit pricing.
Visa and MasterCard have exhausted a lot of time dealing with sum of two units antitrust cases - the U Department of Justice (DoJ) case and a class-action lawsuit brought by means of retailers over signature-based debit pricing. Originally filed in 1998 the DoJ lawsuit charged the associations with violations of antitrust law, particularly with regard to "duality" -- the joint govern of Visa and MasterCard on the same group of banks.
