A federal judge on Tuesday rejected a $30 billion settlement that would have capped the fees Visa and Mastercard charge to merchants for credit and debit card purchases.

A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and retailers that the larger industry had criticized. The parties announced a preliminary settlement ...

Settlement rejected Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.

A federal judge said Visa and Mastercard could likely withstand a larger settlement than the proposed $30 billion deal she rejected. (Jakub Porzycki/NurPhoto via Getty Images/File) ...

A $30B antitrust settlement proposed by Visa (V) and Mastercard (MA) is expected to be rejected by a federal judge in a major setback in the long-running dispute over swipe fees. Read more.

NEW YORK — A federal judge said she’s not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they’ve overpaid on ...

NEW YORK (Reuters) - A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion ...

A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and a select group of retailers that was decried by the larger industry. Visa and Mastercard, which ...