Wal-Mart sues Visa over swipe fees | Arkansas Blog

Friday, March 28, 2014

Wal-Mart sues Visa over swipe fees

Posted By on Fri, Mar 28, 2014 at 3:41 PM

click to enlarge 1370620999-walmart.jpg

Wal-Mart Stores Inc.
has filed an antitrust suit in federal court in the Western District of Arkansas against Visa Inc., accusing Visa of excessive charges in card swipe fees between Jan. 1, 2004, and Nov. 27, 2012. and seeking $5 billion. 

Reuters' report on the lawsuit notes that Visa and MasterCard agreed to a $5.7 billion settlement in suits filed by merchants. Besides Wal-Mart, Amazon.com Inc. and MasterCard opted to file their own suits. 


Tags: ,

From the ArkTimes store

Favorite

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Leslie Newell Peacock

  • Ferneau for the arts: Pop Up on Saturday

    Prepare for a Pop Up dining event at Wildwood Park for the Arts: Chef Donnie Ferneau is grilling up dinner, and Legacy Wine and Spirits is pairing Ferneau’s food with wine for a fundraiser for the music and arts venue at 20919 Denny Road.
    • Aug 23, 2017
  • The Southern Table is set

    outhern Table, Margie Raimondo’s new “meant to be shared” eatery at 323 Cross St., the former home of Kent Walker Artisan Cheese, is open, with a limited menu of cheese and meat boards.
    • Aug 23, 2017
  • New head at Arkansas Historic Preservation

    Department of Arkansas Heritage Director Stacy Hurst has hired Scott Kaufman of North LIttle Rock as director of the Arkansas Historic Preservation Program, a division of DAH.
    • Aug 23, 2017
  • More »

Readers also liked…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • Civil War over in Fort Smith; lawyer strikes his Rebel mascot battle tent

    KSFM reports that Joey McCutchen, the lawyer who's been trying to restart the Civil War in Fort Smith over the School Board's decision to drop the Rebel mascot and related trappingsfor Southside High School, is dropping his School Board takeover campaign.
    • May 27, 2016
  • Satanic Temple: Make Rapert pay for Ten Commandments monument

    A petition drive has begun to encourage a demand that Sen. Jason Rapert pay for the legal fees in defending his Ten Commandments monument proposed for the state Capitol grounds. It's more work by the Satanic Temple, which has fought church-state entanglement around the country.
    • Aug 28, 2016

Most Shared

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation