MasterCard wins court ruling against Visa fee
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A federal judge has ruled that Visa USA, the largest U.S. credit card group, must stop charging a special fee when a big debit card client jumps to rival MasterCard Inc. .
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Travel and financial services giant American Express Co. on Monday sued Visa and MasterCard as well as eight banks for damages stemming from anticompetitive practices that prevented American Express from issuing cards through U.S. banks.
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The Supreme Court on Monday let  stand a ruling that the Visa and MasterCard credit card  associations violated federal antitrust law by barring their  member banks from issuing credit and charge cards on the rival  American Express and Discover Card networks.
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The U.S. Supreme Court yesterday overturned a nearly century-old ruling that prohibited manufacturers from dictating the minimum prices retailers must charge for their goods, saying such agreements could spark competition rather than stifle it.
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American Express Co. on Monday sued Visa, MasterCard and eight banks for allegedly blocking the sale of its credit cards through US banks.
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Mastercard wins a US lawsuit against Fifa which wanted to end its World Cup sponsorship deal in favour of rival Visa.
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The Supreme Court on Monday let stand a ruling that the Visa and MasterCard credit card associations violated US antitrust law by barring
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MasterCard won a legal ruling giving it the right to sponsor the next two World Cup soccer championships.
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Europeâs second-highest court today upheld a ruling that found the software company abused its dominance in computer operating systems.
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Visa said on Thursday it won approval of a registration statement from the U.S. Securities and Exchange Commission, a key step in the world's largest credit card network's plan to go public by early next year.
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FIFA will pay MasterCard $90 million  to end a legal dispute over sponsorship of the next two World  Cups, the credit card provider said on Thursday.
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American Express Co.  on Monday sued credit card associations Visa and MasterCard and eight banks for damages from what it called anti-competitive practices that prevented 20,000 U.S. banks from using its credit card products.
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SAN FRANCISCO (AFX) -- American Express said Monday that in light of the Supreme Court&#39;s decision against Visa and MasterCard, it will seek partnerships with US banks.
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Travel- and financial-services giant American Express Co. sued Visa and MasterCard yesterday as well as eight banks for damages stemming from anti-competitive practices that prevented American Express from issuing cards through US banks.
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American Express yesterday said it was seeking &quot;billions of dollars&quot; in damages from Visa and MasterCard over alleged &quot;illegal and anticompetitive practices&quot;.
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A Manhattan federal judge has ordered Visa USA to stop charging a special fee that penalized debit card issuers for jumping to smaller rival MasterCard Inc. , sending the latter's shares higher.
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The European Union's executive arm  will rule on Wednesday that MasterCard's  method of  charging fees for international purchases violates EU antitrust  rules, a source familiar with the situation said.