An Analysis of the Proposed Interchange Fee Litigation Settlement

This paper is a brief analysis of the proposed class settlement in In re Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (E.D.N.Y.). The analysis concludes that the relief plaintiff class members would obtain from the proposed settlement is largely illusory. The settlement does not result in meaningful reform of the interchange fee system and appears to provide less relief than would likely result from continued litigation. In short, the settlement is a bad deal for merchant plaintiffs and the public at large

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Year of publication:	2012
Authors:	Levitin, Adam J.
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Bankentgelt \| Bank charge \| Theorie \| Theory \| Zivilprozess \| Civil litigation \| Rechtsökonomik \| Economic analysis of law \| Kreditkarte \| Credit card \| Gerichtliche Prozesskosten \| Litigation costs

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