(Bloomberg) -- A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not Cash
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject it.
MasterCard (MA) closed at $443 in the latest trading session, marking a -1.35% move from the prior day.