Judge Slaps Down Retail Groups Over Swipe-Fee Websites

American Banker | April 11, 2013

A federal judge ordered retail trade groups Thursday to make changes to websites that seek to persuade merchants to oppose a proposed settlement over credit card swipe fees.

U.S. District Judge John Gleeson ruled that the websites present a biased view of the facts and, in turn, may have caused some retailers to oppose the settlement. During a hearing in Brooklyn, New York, Gleeson gave the parties a week to make changes to the sites.

Leave a Reply

Your email address will not be published. Required fields are marked *