Legal Opinion
In re Payment Card Interchange Fee & Merchant Discount Antitrust Litigation
Court of Appeals for the Second Circuit
Decided June 30, 2016No. Docket Nos. 12-4671-cv(L); 12-4708(CON); 12-4765(CON); 13-4719(CON); 13-4750(CON); 13-4751(CON); 13-4752(CON); 14-32(CON); 14-117(CON); 14-119(CON); 14-133(CON); 14-157(CON); 14-159(CON); 14-192(CON); 14-197(CON); 14-219(CON); 14-241(CON); 14-250(CON); 14-266(CON); 14-303(CON); 14-331(CON); 14-349(CON); 14-404(CON); 14-422(CON); 14-443(CON); 14-480(CON); 14-497(CON); 14-530(CON); 14-567(CON); 14-584(CON); 14-606(CON); 14-663(CON); 14-837(CON)PublishedCited by 44 opinions
1Opinion of the Court
Judge LEVAL concurs in a separate opinion.
DENNIS JACOBS, Circuit Judge:
This antitrust class action was brought on behalf of approximately 12 million merchants against Visa U.S.A. Inc. (‘Visa”) and MasterCard International Incorporated (“MasterCard”), which are the two largest credit card issuing networks in the United States, as well as against various issuing and acquiring banks (collectively with Visa and MasterCard, the “defendants”), alleging a conspiracy in violation of Section 1 of the Sherman Act. After nearly ten years of litigation, the parties agreed to a settlement that released…
2Cases cited19 opinions
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
- Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
- Hansberry v. LeeSupreme Court of the United States · 1940
- Ortiz v. Fibreboard Corp.Supreme Court of the United States · 1999
14 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Just Film, Inc. v. Sam BuonoCourt of Appeals for the Ninth Circuit · 2017
- Process America, Inc. v. Cynergy Holdings, LLCCourt of Appeals for the Second Circuit · 2016
- In re Libor-Based Fin. Instruments Antitrust Litig.District Court, S.D. Illinois · 2018
- In Re: Google Inc. Cookie Plac v.Court of Appeals for the Third Circuit · 2019
- Berni v. Barilla S.P.A. v. SchulmanCourt of Appeals for the Second Circuit · 2020
39 more not listed; retrieve them via the Exa API.