WASHINGTON (AP) — The Supreme Court has dismissed a case it took up earlier this year involving accusations that Visa and MasterCard illegally fixed ATM prices.
The credit card companies wanted the justices to overturn a lower court ruling that said the antitrust case could move forward. The high court agreed to hear their appeal in June.
But the justices recently dismissed the case, saying the companies are now making a different legal argument than the one the Supreme Court agreed to decide.
The lawsuit filed by consumers and independent ATM operators claims the payment processors illegally coordinated with Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. to adopt
anticompetitive fees.
A federal judge dismissed the case in 2013, but an appeals court revived it.
- Posted November 24, 2016
- Tweet This | Share on Facebook
Case over high ATM fees dismissed
headlines Macomb
- Lawyer publishes first of three children’s books
- US government agrees to $138.7M settlement over FBI's botching of Larry Nassar assault allegations
- Owner of twice-sunken Lake Michigan barge pleads guilty to felony
- Woman charged with murder in crash that killed young brother and sister at birthday party
- MDHHS to issue maternal health quality payments to hospitals
headlines National
- New Legalese: You may have heard a deepfake, but what about ‘Twiqbal’?
- From Intake to Outcome: An in-house lawyer’s guide to matter management solutions
- 2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue
- Send in the paralegals
- Lawyer reprimanded after mistakenly emailing opposing counsel with plan to avoid judge’s call
- ‘I don’t play well’ judge who threatened to track down, jail misbehaving litigant gets tossed from case