NY merchants oppose judgment in US interchange case against Visa, Mastercard
( July 17, 2026, 16:08 GMT | Official Statement) -- MLex Summary: New York merchants opposed Visa and Mastercard’s motion for judgment against US antitrust claims over interchange fees based on a 2019 settlement. “A central theme of defendants’ brief is that the future release should not be disturbed because it was necessary to achieve ‘peace’ between the parties. But it is a strange and distorted form of peace to pay for past harm while continuing to inflict the same injury. Whatever role the future release played in securing the settlement, the Second Circuit made clear that it cannot stand if it violates federal law,” they said. See attached file. ...
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