Antitrust Antitrust

Discover’s Pulse Network can sue Visa over volume agreements, high upfront fees, US Fifth Circuit says

By Max Fillion
  • 05 Apr 2022 23:13
  • 06 Apr 2022 00:35
Discover unit Pulse has standing to sue Visa over volume-discount agreements and high upfront fees it charges merchants who use its debit networks, the US Court of Appeals said today.

In an opinion penned by US Circuit Judge Stuart Kyle Duncan, the Fifth Circuit reversed a lower court’s summary judgment opinion finding that

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