Card recently made knowns 12-12-2...

Card recently made knowns

12-12-2001

SPECIAL YEAR-END WRAP-UP ISSUE: SMART CARDS SPARK, ANTITRUST CASES ADVANCE IN 2001

Volume: 16
Number: 24
ISSN: 08940797
Publication Date: 12-12-2001
Page: 1
Type: Periodical
Language: English

In the credit card marketplace, pair antitrust lawsuits against Visa and MasterCard advanced and smart cards gained significant landed estate in 2001. Two lock opener lawsuits filed in prior years against Visa and MasterCard -- single in kind brought by retailers and the other according to the Department of Justice -mov ahead in the courts this year. At stake in the legal wrangling is billions of dollars

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