Friday, September 29, 2023
Courthouse News Service
Friday, September 29, 2023 | Back issues
Courthouse News Service Courthouse News Service

Credit Card Companies Win Price-Fixing Ruling

SAN FRANCISCO (CN) - The 9th Circuit upheld dismissal of an antitrust class action accusing credit card companies of conspiring to fix prices charged to businesses that allow credit card transactions. "Allegations of facts that could just as easily suggest rational, legal business behavior by defendants as they could suggest an illegal conspiracy are insufficient to plead a violation of the antitrust laws," Judge Bea wrote.

Categories / Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.