MasterCard "welcomes" dismissal of antitrust suit
Areas of Focus | 2008/03/13 21:40

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.



[PREV] [1] ..[1836][1837][1838][1839][1840][1841][1842][1843][1844].. [1884] [NEXT]
All
Headline Legal News
Legal Topics
Legal Business
Attorney News
Court News
Court Watch
Areas of Focus
Legal Interview
Opinions
Court leaves black judge on case ..
Delay in Nevada gun buyer law dra..
California parents face new charg..
Pennsylvania congressional map ba..
Supreme Court sides with Chicago ..
Courts: Bail reform working, but ..
Maldives court delays reinstating..
Inmate in landmark Supreme Court ..
GOP to take new congressional map..
Wisconsin Supreme Court primary w..
Find Lawyers, Law Firms & Legal S..
Kushner firm seeks court change t..
Supreme Court blocks some redrawn..
Court allows Pennsylvania to redr..
Greek court postpones decision in..
Prosecutor asks for prison terms ..
Judge admonishes victims' dad who..
UN court lays down Costa Rica, Ni..
Nassar to face another sentence, ..
Court error unmasks person of int..




Fort Lauderdale Criminal Defense Lawyer
Miami Sex Crimes Lawyer
www.mishalilaw.com
Fort Washington Employment Law Firm
Attorney Marc E. Weinstein
www.meweinsteinlaw.com
China trademark registration lawyer
www.ctplo.com
Chicago Truck Drivers Lawyer
Chicago Workers' Comp Attorneys
www.krol-law.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Chicago Business Law Attorney
Corporate Litigation Attorneys
www.rothlawgroup.com
Houston Estate Administration Lawyer
www.trishaenglishlaw.com
Car Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Cobb County Criminal Attorney
Georgia Criminal Defense Lawyer
www.andrewschwartzlaw.com
Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
Law Firm Web Design Templates
Lawyer Website Templates
www.webpromo.com
   Legal Resource
Headline Legal News for You to Reach America's Best Legal Professionals. The latest legal news and information - Law Firm, Lawyer and Legal Professional news in the Media.
 
 
 
Copyright © ClickTheLaw.com. All Rights Reserved. The content contained on the web site has been prepared by Click The Law. as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. By using the www.clickthelaw.com you agree to be bound by these Terms & Conditions.

Law Firm Website Design by Lawyer Website Design Blog - Lawyer Web Site Design That Works