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National Restaurant Association - NRA files brief to oppose swipe-fee settlement

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NRA files brief to oppose swipe-fee settlement

The NRA this week filed its formal brief opposing this summer’s proposed settlement in the swipe-fee antitrust lawsuit against Visa, MasterCard and some large banks.

Read the NRA filing and our joint statement with a majority of the plaintiffs in the case, "Merchant Community Rebukes Visa/MasterCard Class Action Settlement."

Ten of the 19 named class plaintiffs oppose the settlement. It's now up to the court to decide whether to give preliminary approval to the proposed settlement.

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