Director / Editor: Victor Teboul, Ph.D.

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US Supreme Court: ATM Fee Lawsuits Can Proceed

The U.S. Supreme Court Thursday gave the green light to class action lawsuits by consumers accusing Visa Inc, Mastercard Inc and several U.S. banks of conspiring to inflate ATM access fees in violation of antitrust law. The justices dismissed two related cases they earlier had agreed to hear in which the companies had sought to overturn an August 2015 ruling by the U.S. Court of Appeals for the District of Columbia Circuit that had revived the three lawsuits. The justices had been...

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