Legal Opinion

National Bancard Corp.(NaBanco) v. VISA USA

District Court, S.D. Florida

Decided September 20, 1984No. 79-6355-CIV-WMHPublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OPINION AND FINDINGS OF FACT AND CONCLUSIONS OF LAW

HOEVELER, District Judge.

INTRODUCTION

This case involves a claim by plaintiff, NaBanco that defendant, VISA has violated the Sherman Antitrust Act, causing plaintiff damages. Defendant issues the VISA card, used by many as a method of payment for goods and services, in connection with the transfer of transaction paper from a merchant through its bank to the card issuing bank. VISA regulations call for payment of an interchange fee (“IRF”) if its exchange system is used. The interchange fee is set by the VISA Board of Directors.…

2Cases cited80 opinions

  1. Associated General Contractors of California, Inc. v. California State Council of CarpentersSupreme Court of the United States · 1983
  2. Brunswick Corp. v. Pueblo Bowl-O-Mat, Inc.Supreme Court of the United States · 1977
  3. Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1969
  4. Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
  5. Northern Pacific Railway Co. v. United StatesSupreme Court of the United States · 1958

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3Cited by8 opinions

  1. National Bancard Corporation (Nabanco), a Florida Corporation v. Visa U.S.A., Inc.Court of Appeals for the Eleventh Circuit · 1986
  2. In re Live Concert Antitrust LitigationDistrict Court, C.D. California · 2007
  3. Colorado Springs Board of Realtors, Inc. v. StateSupreme Court of Colorado · 1989
  4. United States v. American Express Co.District Court, E.D. New York · 2015
  5. In re Payment Card Interchange Fee & Merchant Discount Antitrust LitigationDistrict Court, E.D. New York · 2013

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