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

    Lawyer says imprisoned man innocent

    Recent Cases 03/11/2008

    A 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

    Justice often slow for elder crimes

    Recent Cases 03/09/2008

    So far, Mary Morris has spent three years and $73,000 to get back just part of the $475,000 that was withdrawn from her mother's accounts by the relative who was overseeing the elderly woman's affairs.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'

    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...

Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.

Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.

Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:

• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements

For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.

Business News

West Hartford, Connecticut Special Education Lawyer Forte Law Group focuses on special education law and empowering parents to advocate for their child’s rights. >> read