The Credit Card Cases

Topics:
Commercial Litigation
Tags:
ALM Properties,
Security,
MasterCard International,
Financial Services,
Credit Card,
Corporate Law,
Business Operations,
Bank,
Antitrust,
Visa Inc.
Source:
ALM Properties

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Overview: Banks that are members of Visa and MasterCard would be well-advised to consider taking steps to limit their potential exposure to persons injured by the challenged antitrust violations. When Visa was unable to require banks to choose between Visa and MasterCard, most banks chose to be members of both and to issue both Visa and MasterCard cards. What came to be known as "duality" later gave rise to antitrust concerns at the DOJ. This article talks about the Credit Card Cases and its challengesd rules.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Nov 2002 | Pages: 1

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