Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion

After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion.The opinion comes almost a week after U.S, District Judge Margo K. Brodie indicated she would not approve a previous settlement negotiated in late March.The general gist of the opinion is that Brodie was “not likely to approve the proposed settlement” be ...