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Consumer groups attack card settlement
Yahoo Finance· 2026-01-06 10:46
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Five consumer and business advocacy groups are among those challenging a proposed settlement to end decades of antitrust litigation with Visa and Mastercard over the card networks’ interchange fees. Changes from the prior proposal, which a court rejected in June 2024, “are too insubstantial and too susceptible to undermining by Visa, Mastercard, and card issuers t ...