Wal-Mart Accuses Visa, Banks of Colluding over Interchange Fees
- By Andrew Deichler
- Published: 3/28/2014
Wal-Mart is suing Visa for $5 billion for allegedly colluding with some of the largest U.S. banks to fix interchange fees for retailers.Wal-Mart said it has suffered massive losses from interchange fees between January 1, 2004 and November 7, 2012. The world’s largest retailer accused Vi ...
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