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Debit card holders oppose Visa motion to dismiss US antitrust claims

( April 11, 2025, 12:00 GMT | Official Statement) -- MLex Summary: A proposed plaintiff class of US cardholders told a US judge that Visa's motion to dismiss an antitrust complaint over the alleged coercing of card-issuing banks to preference Visa cards raises disputed fact issues that are premature. Even if the court were to engage with Visa's invitation to decide on issues like statute of limitations, whether the cardholders participate in the relevant product market, or the potential scope of the proposed class without the benefit of discovery, Visa's arguments fail on substance, the reply opposing dismissal filed to the US Southern District of New York. See attached document:...

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