Sunday, July 02, 2006

U.S. Senate Interchange Hearing (

Later this month, we understand that the previously postponed U.S. Senate Judiciary hearing might occur in Washington. As the first lead plaintiff to file the new round of antitrust suits (June 22, 2005) against the two leading credit card associations and their leading member banks, we also are the most vocal.

As the most frequently profiled proponent for rescuing merchants and consumers from what we alleged is a $30 billion annual price-fixing scheme, we hope to be invited to testify. Just as compelling as our experiences as a longtime merchant and owner of an ecommerce business, is this link from MasterCard®. But, in a different way. Many of the claims they assert are challenged within the nearly 400 prior postings on - The Credit Card Interchange Report.