Deadline for businesses to apply for their share of massive credit card company settlement looms
Tuesday, 7 May 2024 () A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard. Any businesses that accepted Visa and/or Mastercard credit or debit cards in the U.S. between January 1, 2004 and January 25, 2019 may be eligible to receive part of the settlement. Applicable owners whose businesses have closed can also submit a claim. The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks violated antitrust laws.
Norfolk Southern Offers , Settlement to Resolve Lawsuits , Related to 2023 Derailment.
Train operator Norfolk Southern has agreed to pay $600
million as part of a settlement to a class-action lawsuit..
Credit: Wibbitz Top Stories Duration: 01:31Published
Visa and Mastercard Settle , Antitrust Suit Over Swipe Fees.
The two companies have reached a settlement with American merchants which could "save consumers tens of billions of dollars," NBC News..
Credit: Wibbitz Top Stories Duration: 01:30Published
Tuesday, 7 May 2024 ()
![Norfolk Southern Offers Settlement to Resolve Lawsuits Related to 2023 Derailment [Video]](https://video.newsserve.net/300/v/20240409/1372266098-Norfolk-Southern-Offers-Settlement-to-Resolve-Lawsuits-Related.jpg)
![Visa and Mastercard Settle Antitrust Suit Over Swipe Fees [Video]](https://video.newsserve.net/300/v/20240326/1370991384-Visa-and-Mastercard-Settle-Antitrust-Suit-Over-Swipe.jpg)
