Wal-Mart Sues Visa Claiming Card Transaction Fee Fixing
This article is for subscribers only.
Wal-Mart Stores Inc. sued Visa Inc. for allegedly conspiring with banks to fix transaction fees, the latest salvo of a multiyear legal fight between retailers and card issuers.
The world’s biggest retailer seeks at least $5 billion in damages for what it claims are violations of federal antitrust laws that could triple that sum.