Credit card suit could be biggest antitrust action since 80s
By Steve GelsiNEW YORK (MarketWatch) --
Mitch Goldstone of 30 Minute Photos, Etc., the lead plaintiff in a suit against Visa, MasterCard, and banks that issue the credit cards, said a suit filed Monday by four leading retailing groups will likley be combined with his suit fighting the rise of credit card transaction fees. A court hearing has been scheduled for Thursday to combine the suits, he said. The legal action could amount to the "largest antitrust litigation since AT&T in the early 1980s," Goldstone told MarketWatch.
(source: MarketWatch)
