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Tag Archives: lawsuit

Nearly 1,000 Businesses Oppose Swipe Fee Settlement

credit card settlement rejection

The Merchant Payments Coalition recently announced that nearly 1,000 businesses and trade associations have called on a federal judge to reject the proposed settlement of merchants’ lawsuit over Visa and Mastercard credit card swipe fees that drive up consumer prices, …

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FTC Sues Amazon for Illegally Maintaining Monopoly Power

amazon chicago store proposal

The Federal Trade Commission (FTC) and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC …

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