The proposed $7.2 billion class action settlement over credit card "swipe fees"—which would be the largest private antitrust settlement in history—has survived an initial hurdle. At a Friday hearing in U.S. district court in Brooklyn, Judge John Gleeson preliminarily approved the deal.
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Judge Grants Preliminary Approval for Credit Card "Swipe Fee" Settlement
The Litigation Daily
November 9, 2012
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