Legal Opinion

In re Payment Card Interchange Fee & Merchant Discount Antitrust Litigation

District Court, E.D. New York

Decided December 13, 2013No. 05-MD-1720 (JG)(JO)PublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

JOHN GLEESON, District Judge:

CONTENTS

A. Preliminary Statement.......................................................214

1. Structure of a Credit Card Transaction; Interchange Fees....................214

2. The Default Interchange Rule; Honor-all-Cards Rules; Anti-Steering Rules ................................................................214

3. The Course of the Litigation; Industry Changes Occurring During the Litigation; and the Proposed Settlement..................................215

4. Overview of Reasons for Approval .........................................217

B. The…

2Cases cited36 opinions

  1. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  2. Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
  3. Comcast Corp. v. BehrendSupreme Court of the United States · 2013
  4. Illinois Brick Co. v. IllinoisSupreme Court of the United States · 1977
  5. City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974

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3Cited by15 opinions

  1. Italian Colors Restaurant v. Xavier BecerraCourt of Appeals for the Ninth Circuit · 2018
  2. In re Payment Card Interchange Fee & Merchant Discount Antitrust LitigationCourt of Appeals for the Second Circuit · 2016
  3. In re Payment Card Interchange Fee & Merchant Discount Antitrust LitigationDistrict Court, E.D. New York · 2014
  4. Flores v. Mamma Lombardi's of Holbrook, Inc.District Court, E.D. New York · 2015
  5. Expressions Hair Design v. SchneidermanCourt of Appeals for the Second Circuit · 2015

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