"The Visa/MasterCard Antitrust Settlement: Where are we?" by Amanda Segal

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July 5, 2016

The United States Court of Appeals for the Second Circuit has overturned a $7.25 billion antitrust settlement among Visa and MasterCard and millions of retailers that accused the card networks of improperly fixing interchange fees. The settlement, the culmination of a decade-long litigation approved by the District Court for the Eastern District of New York in December 2013, was believed to be the largest antitrust settlement in U.S. history.  The case had attracted interest among investors willing to purchase claims from retailers in anticipation of a future payout under the settlement agreement.

In this piece, RK&O counsel Amanda Segal outlines the current state of the ongoing litigation.    

Click here to read the client alert. 


Charging Forward: An Investor’s Guide to Visa/MasterCard Settlement Claims  (Feb 2015)