[The Wall Street Journal, July 12, Subscription Required]
The Wall Street Journal's Worth Civils explained that "MasterCard lost all appeals," in recent antitrust litigation.
J.P. Morgan's Chris Brendler thinks MasterCard has "an uphill battle given its lack of success to-date at both the trial and appellate court levels." According to the WSJ, Mr. Brendler "expects MasterCard to settle rather than face 'potentially devastating damages should the company lose in court.' He estimated a court loss could lead to damages exceeding $30 billion, or $144 a share."
Credit Suisse' Moshe Orenbuch described interchange as "largest single risk to MasterCard's valuation."
[Source: WSJ]
