MA Jun 2024 175.000 put
- Bloomberg
Judge Likely to Reject $30 Billion Visa, Mastercard Fee Deal
(Bloomberg) -- A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanYes, Everyone Really Is Sick a Lot More Often After CovidWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Beaches
- Zacks
Mastercard (MA) and Doha Bank Forge Strategic Partnership
Mastercard (MA) collaborates with Doha Bank in a bid to support the bank's digital transformation journey.
- Reuters
Visa, Mastercard $30 billion fee settlement in peril
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord. U.S. District Judge Margo Brodie in Brooklyn told lawyers for the card networks and objectors at a hearing on Thursday that she will "likely not approve the settlement," according to court records. Both card networks said they were disappointed.
