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Retailers Say Visa and MasterCard Violate Antitrust Laws

Tags » Interchange Fees, Merchants Payments Coalition

AccountingWEB.com reports on last week's testimony by attorney W. Stephen Cannon, representing the Merchants Payments Coalition, to the Senate Judiciary committee accusing Visa and MasterCard of violating federal antitrust laws through their practice of setting the interchange rates charged by banks to complete consumer transactions.

Date: July 27, 2006 at 04:36 AM Pacific   |      |  

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