Judge Tosses The Card: Visa-Mastercard Swipe Fee Settlement Reportedly Rejected
Judge Tosses The Card: Visa-Mastercard Swipe Fee Settlement Reportedly Rejected
On Tuesday, U.S. District Judge Margo Brodie reportedly dismissed a $30 billion antitrust settlement in which Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) had agreed to cap the fees they charge merchants for accepting their credit and debit cards.
據報道，美國地方法官Margo Brodie星期二駁回了一項價值300億美元的反壟斷和解協議，萬事達 (NYSE: MA) 和Visa Inc. (紐約證券交易所：V) 同意限制他們對商家收取信用和借記卡費用的金額限制。
The decision could compel Visa and Mastercard to negotiate a more favorable settlement for merchants or proceed to trial, Reuters reports.
路透社報道稱，這項決定可能迫使Visa和Mastercard就商家達成更有利的和解或繼續審判。
Related: Visa, Mastercard's $30B Deal Hits A Snag: Judge Signals Rejection
相關Visa和Mastercard的300億美元協議遇阻：法官暗示將被駁回
Numerous merchants and trade groups, including the National Retail Federation, opposed the agreement, arguing that card fees would still be too high and that Visa and Mastercard would retain excessive control over card transactions.
包括美國全國零售聯合會在內的許多商家和貿易團體反對該協議，認爲信用卡費用仍然過高，而Visa和Mastercard則將繼續在信用卡交易中保持過多的控制權。
As per the report, trade groups argued that the settlement would have provided merchants with only minimal and temporary relief, while also complicating their ability to pursue future legal challenges.
根據報告，貿易團體認爲，和解將僅爲商家提供最小和暫時的救濟措施，同時也會使他們在追索未來法律訴訟方面變得更加複雜。
Brodie will release a written opinion explaining her reasoning after allowing merchants and the card networks until June 28 to propose redactions.
布羅迪將在允許商家和信用卡網絡提出刪節意見之後，於6月28日之前發表書面意見並解釋她的理由。
Visa and Mastercard expressed disappointment with the outcome.
Visa和Mastercard對結果表示失望。
The companies announced the settlement on March 26, aiming to resolve most of the litigation that began in 2005 over "swipe fees" or interchange fees, which merchants pay to accept Visa and Mastercard and are set by the card networks.
這兩家企業於3月26日宣佈了這項和解，旨在解決從2005年開始關於“刷卡費”或交換費用的大部分訴訟，這些費用商家需要支付給Visa和Mastercard，並由這些卡網絡設置。
The settlement stipulated that the average swipe fee would decrease by at least 0.04 percentage points for three years and remain at least 0.07 percentage points below the current average for five years.
協議規定，平均刷卡費用將在三年內至少降低0.04個百分點，並在五年內至少低於當前平均水平的0.07個百分點。
Investors can gain exposure to Visa and Mastercard stock via iShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund – Financial (NYSE:XLF).
投資者可以通過iShares安碩美國金融服務ETF（紐約證券交易所：IYG）和SPDR Select Sector Fund - Financial（紐約證券交易所：XLF）獲得Visa和Mastercard的股票投資機會。
Read: Visa and Mastercard Reach Deal to Lower Swipe Fees, A Win for Merchants and Potential Boost for Consumer Choices: Analyst
閱讀萬事達和Visa達成降低刷卡費用的協議，這對商家來說是一場勝利，也可能推動消費者選擇，分析師稱
Price Action: V shares are down 0.08% at $273.31 premarket at the last check on Wednesday.
價格行動：V股票在週三盤前最後檢查下跌0.08％至273.31美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本文部分內容使用了Benzinga Neuro的幫助。此內容是通過AI工具部分製作的，並由Benzinga編輯進行了審查和發佈。
Photo by PixieMe via Shutterstock.
照片由Shutterstock的PixieMe提供。
譯文內容由第三人軟體翻譯。