MasterCard "welcomes" dismissal of antitrust suit
Recent Cases
MasterCard International said on Thursday it welcomed a U.S. appeals court's dismissal of an antitrust lawsuit by a group of merchants claiming that the company, Visa USA and three banks had conspired to set fees charged to businesses for credit card sales.
The ruling by the 9th U.S. Circuit Court of Appeals upholds a San Francisco federal judge's 2005 dismissal of the case led by hair salon operator Sheri Kendall and James Maser, who operated a restaurant in Alameda County.
MasterCard General Counsel Noah Hanft said in a statement that the company "welcomed" the appellate ruling on March 7.
"No U.S. court has found interchange to be illegal," he said, referring to the fees charged among card association member banks.
The plaintiffs' attorney, Richard Archer, had no comment on the ruling.
The 9th U.S. Circuit Court of Appeals ruled that the merchants had failed to present facts to support claims of a conspiracy among the credit card companies and Bank of America Corp, Wells Fargo & Co and U.S. Bancorp.
The merchants had accused the card associations of fixing prices on "merchant discount fees," which are transaction fees between merchants and banks, and interchange fees.
The court dismissed the case without leave to amend, which means the merchants cannot refile the case.
Related listings
-
Lawyer says imprisoned man innocent
Recent Cases 03/11/2008A lawyer says a man imprisoned for killing another man at a Chicago McDonald's 26 years ago is innocent and he may get a new trial. Alton Logan was sentenced to life in prison as an accomplice in the 1982 killing. The alleged shooter, Edward Hope, re...
-
Justice often slow for elder crimes
Recent Cases 03/09/2008So far, Mary Morris has spent three years and $73,000 to get back just part of the $475,000 that was withdrawn from her mother's accounts by the relative who was overseeing the elderly woman's affairs. Morris' mother agreed, three years before she di...
-
D.C. Gun Case Draws Crowd of High Court 'Friends'
Recent Cases 03/08/2008[##_1L|1408982622.jpg|width="131" height="91" alt=""|_##]With the Supreme Court examining for the first time in 70 years the right to bear arms guaranteed by the Second Amendment, a group of gay and transgender gun owners called the Pink Pistols coul...
The Law Offices of John M. Lynch, LLC - Our goal is to serve you and make your experience a pleasant one
Our firm founder John M. Lynch is a proven trial lawyer with a record of success in state and federal courts. His former service as a police investigator and federal drug task force agent enable him to see a case from all sides. He is routinely hired by other attorneys to assist with criminal cases. His peer recognition is also evident in the recognition that he has earned with Top 100 Trial Lawyers, AV Preeminent Rating and Super Lawyers. He has also been named as one of the Best Attorneys in St. Louis, a Rising Star in Missouri and a Rising Star in Kansas. His unique and broad -based experience has led to unparalleled success that include dismissal of charges, acquittal and markedly beneficial settlements.
Attorney John M. Lynch comes from a strong law enforcement background with a decade of experience as a police investigator and federal drug task force agent. Paired with his legal degree from St. Louis University School of Law, Mr. Lynch provides a unique and candid perspective for people charged with a full range of criminal activities.