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Russia’s Trade Assoc. Accuses Visa, Mastercard Of Market Power Abuse

PYMNTS

billion in settlement funds related to a class-action lawsuit that accuses Visa and Mastercard, both separately and together with certain banks, of violating antitrust laws and causing merchants to pay excessive fees for accepting their credit and debit cards. In the U.S. last month, they agreed to provide roughly $6.24

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