A federal judge on Tuesday rejected a $30 billion settlement that would have capped the fees Visa and Mastercard charge to merchants for credit and debit card purchases.

The power of the class action lies in its ability to provide redress to individuals who would otherwise lack access to ...

A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and retailers that the larger industry had criticized. The parties announced a preliminary settlement ...

A $30B antitrust settlement proposed by Visa (V) and Mastercard (MA) is expected to be rejected by a federal judge in a major setback in the long-running dispute over swipe fees. Read more.

Settlement rejected Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.

A federal judge said Visa and Mastercard could likely withstand a larger settlement than the proposed $30 billion deal she rejected. (Jakub Porzycki/NurPhoto via Getty Images/File) ...

Last week, a U.S. judge rejected Visa (V) and Mastercard’s (MA) proposed antitrust settlement worth $30 billion. The two credit card companies agreed to limit the fees they charged merchants that ...

Settlement rejected Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.

NEW YORK (Reuters) - A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion ...