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US: ATM users, operators won’t back down against Visa, MasterCard

 |  January 14, 2014

Nearly a year after a district judge dismissed the case, ATM users and operators are looking to revive the antitrust case against credit card giants Visa and MasterCard over ATM fees.

The credit card firms are accused of colluding to bar independent operators from charging higher ATM fees when consumers use Visa or MasterCard networks. Plaintiffs are accusing the companies of charging inflated fees in an anticompetitive conspiracy, say reports.

But US District Judge Amy Berman Jackson ruled in February 2013 that the plaintiffs failed to sufficiently claim unlawful conspiracy.

Judge Jackson rejected the plaintiffs’ efforts to amend their complaints last month.

Reports say the case was filed for appeal on January 10.

Full Content: Legal Times

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