Legal Opinion
In re Payment Card Interchange Fee & Merchant Discount Antitrust Litigation
District Court, E.D. New York
Decided January 10, 2014No. 05-MD-1720 (JG)(JO)PublishedCited by 31 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
JOHN GLEESON, District Judge:
This is an antitrust class action brought by merchants against Visa, MasterCard, and a number of banks, alleging that the defendants conspired to fix certain credit card fees and rules. In a December 13, 2013 memorandum and order, DE 6124, 986 F.Supp.2d 207, 2013 WL 6510737 (E.D.N.Y.2013) (“Approval Order”), I approved a settlement, see DE 2111. The settlement has two principal components: a fund of about $7.25 billion (before reductions for opt-outs, which reduced the fund to about $5.7 billion), against which merchants who did not opt out of…
2Cases cited21 opinions
- Illinois Brick Co. v. IllinoisSupreme Court of the United States · 1977
- Arbor Hill Concerned Citizens Neighborhood Ass'n v. County of Albany & Albany County Board of ElectionsCourt of Appeals for the Second Circuit · 2008
- Staton v. Boeing Co.Court of Appeals for the Ninth Circuit · 2003
- Goldberger v. Integrated Resources, Inc.Court of Appeals for the Second Circuit · 2000
- Wal-Mart Stores, Inc. v. Visa U.S.A. Inc.Court of Appeals for the Second Circuit · 2005
16 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- In re Payment Card Interchange Fee & Merchant Discount Antitrust LitigationCourt of Appeals for the Second Circuit · 2016
- In re Colgate-Palmolive Co. Erisa LitigationDistrict Court, S.D. New York · 2014
- Dial Corp. v. News Corp.District Court, S.D. New York · 2016
- McGreevy v. Life Alert Emergency Response, Inc.District Court, S.D. New York · 2017
- Meredith Corp. v. SESAC, LLCDistrict Court, S.D. New York · 2015
26 more not listed; retrieve them via the Exa API.