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Visa, Mastercard should face US antitrust claims from Intuit, Square, judge says

( March 27, 2025, 23:31 GMT | Official Statement) -- MLex Summary: Visa and Mastercard should be denied an injunction compelling dismissal of Intuit and Square’s price-fixing claims over interchange fees, a US magistrate judge recommended. “At bottom, the court finds that defendants are asking it to reconsider the May 28, 2024, order’s lack of reliance on defendants’ agency arguments in the motion to enforce. In doing so, defendants are, in fact, requesting that the undersigned reexamine items that they feel Chief Judge Brodie ‘overlooked.’ This Court will not countenance Defendants’ attempt to take a “second bite at the apple,” Magistrate Judge Joseph A. Marutollo said.See attached file. ...

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