Visa, Mastercard merchant fees violate antitrust law, U.K. court rules

1 week ago 1

• Financials

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Visa (NYSE:V) and Mastercard's (NYSE:MA) default multilateral interchange fees came under fire Friday after London's Competition Appeal Tribunal ruled they violate European antitrust law, in a big win for the hundreds of merchants who filed complaints about such "excessive" fees.

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