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March 28, 2017

Court won't restore $7.25B settlement

WASHINGTON (AP) — The Supreme Court will not restore a $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees.

The justices did not comment Monday in leaving place a ruling by the federal appeals court in New York that tossed out the settlement in a lawsuit that began in 2005.


 
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