U.S. judge approves retail credit card fee settlement

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On Friday, the us federal judge approved about $5.7 billion class-action lawsuit reconciliation businessman (financing) and mastercard and Visa company (ma. N:) (Reuters) credit card fees, though against tens of thousands of retailers complain that it is not enough.Solution is considered to be the largest antitrust litigation.Businessmen for the first time in 2005 sued visa and mastercard, accused the two companies to repair charge business customers to use a credit card or debit card at a time.They are charged with also prevent merchant to customer cheaper form of payment.U.S. district judge John gleeson, brooklyn, New York, ruled that the approval of reconciliation.He also dismissed some objections against the deal is exaggerated by the businessman.In a fair hearing in September, he pointed out that opponents of a visa and mastercard is a Nazi.

 

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