Legal Opinion
NACS v. Board of Governors of the Federal Reserve System
Court of Appeals for the D.C. Circuit
Decided March 21, 2014No. 13-5270PublishedCited by 20 opinions
1Opinion of the Court
Opinion for the Court filed by Circuit Judge TATEL.
TATEL, Circuit Judge:
Combining features of credit cards and checks, debit cards have become not just the most popular noncash payment method in the United States but also a source of substantial revenue for banks and companies like Visa and MasterCard that own and operate debit card networks. In 2009 alone, debit card holders used their cards 37.6 billion times, completing transactions worth over $1.4 trillion and yielding over $20 billion in fees for banks and networks. Concerned that these fees were excessive and that merchants, who pay the…
2Cases cited17 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Motor Vehicle Mfrs. Assn. of United States, Inc. v. State Farm Mut. Automobile Ins. Co.Supreme Court of the United States · 1983
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Barnhart v. ThomasSupreme Court of the United States · 2003
- Florida Power & Light Co. v. LorionSupreme Court of the United States · 1985
12 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- New York v. U.S. Dep't of CommerceDistrict Court, S.D. Illinois · 2019
- EME Homer City Generation, L.P. v. Environmental Protection AgencyCourt of Appeals for the D.C. Circuit · 2015
- Corner Post, Inc. v. Board of GovernorsSupreme Court of the United States · 2024
- Pulse Network v. VisaCourt of Appeals for the Fifth Circuit · 2022
- Corner Post, Inc. v. Board of GovernorsSupreme Court of the United States · 2024
15 more not listed; retrieve them via the Exa API.