InfoAnda - Appeal of $7.2 billion card-fee settlement deferred |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

DNA confirms remains of millionaire flyer Steve Fossett | 3 November 2008
Sexting craze on the rise among British children | Technology | | 4 August 2009
Quake near Philippine capital, no damage reported | | 25 March 2010

Coast Guard suspends NJ search for 2 Va. fishermen | 25 December 2009

Forum Views () Forum Replies ()

Read more with google mobile : Appeal of $7.2 billion card-fee settlement deferred |

Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Zachary Karabell Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Reihan Salam Frederick Kempe Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Jenni Rivera's family hopes Mexican-American singer still alive 10 Dec 2012 Navy identifies SEAL killed in hostage rescue in Afghanistan 1:23am EST Tom Cruise defends role as "Jack Reacher" 10 Dec 2012 Your Money: The "Apple Tax" - America's costly obsession 10 Dec 2012 Clinton cancels Middle East trip because of ill health 10 Dec 2012 Discussed 161 Egyptian protesters breach presidential palace cordon 93 ”Fiscal cliff” talks down to Obama and Republican Boehner 79 Obama says he’s ready to work with Republicans to avoid ”fiscal cliff” Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Pacquiao knocked out Marquez knocks out Pacquiao in the sixth round of their non-title welterweight bout. Slideshow Life of Kim Jong-un A look at the daily life of North Korea's leader. Slideshow Sponsored Links Appeal of $7.2 billion card-fee settlement deferred Tweet Share this Email Print Related News Supreme Court takes up same-sex marriage for first time Fri, Dec 7 2012 Argentine bonds rally as U.S. ruling quells default fears Thu, Nov 29 2012 Merchants appeal $7.2 billion card-fee settlement Tue, Nov 27 2012 Argentina's options shrink after U.S. debt ruling Fri, Nov 23 2012 FTC asks Visa for information on debit card service Fri, Nov 16 2012 Analysis & Opinion The Supreme Court’s burgeoning business agenda Accusations of confidential witness chicanery backfire on defense lawyer Related Topics Tech » A credit card user displays her cards in Washington February 22, 2010. Credit: Reuters/Kevin Lamarque By Erin Geiger Smith Mon Dec 10, 2012 10:08pm EST (Reuters) - A U.S. appeals court refused to hear an expedited appeal of the preliminary approval of a $7.2 billion settlement between Visa Inc, Mastercard Inc. and merchants over credit card fees. In a brief order, the 2nd U.S. Circuit Court of Appeals in New York denied one objecting merchant, The Home Depot's, request for expedited arguments and a decision on its appeal. The court also said all other objecting parties' briefs on their appeals should not be filed until after the U.S. District Court for the Eastern District of New York has issued final approval of the settlement. A hearing on final approval is expected to be scheduled for sometime next year. The deal, which received preliminary approval last month, would be the largest federal antitrust settlement in U.S. history, offering nearly 8 million merchants $7.2 billion in cash and temporary reductions in the interchange, or swipe fees, they pay to process credit and debit transactions. Many of the merchants supported the deal, but dozens of retailers and trade groups that brought the proposed class action, including The Home Depot, objected to a portion of the settlement that would release Visa and Mastercard from new legal claims over related interchange issues Hundreds of merchants, including the world's largest retailer, Wal-Mart Stores Inc, also have objected to the proposed settlement, claiming it offers meaningless relief for merchants saddled with an estimated $30 billion in annual swipe fees. Home Depot did not immediately respond to a request for comment. Jeff Shindler, a lawyer who represents a group of plaintiffs objecting to the settlement, said his clients remain confident in their position and will continue to "press that position at every turn going forward." However, Craig Wildfang, co-lead counsel for the merchants who support the deal, welcomed the court's decision. "We're happy that the 2nd Circuit has agreed with us that there's no imminent harm to anyone from preliminary approval and that is letting the approval process play out," he said. Plaintiffs supporting the settlement include Payless ShoeSource. Trisha Wexler, a spokeswoman for the Electronic Payments Coalition, an industry group that represents Visa and Mastercard, said the group expected the settlement to now move forward as planned. (Reporting By Erin Geiger Smith; Editing by Richard Pullin) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Tuesday, 11 December 2012
Egypt army given temporary power to arrest civilians |
Romanian president weighs options for PM after vote |
Iranian nuclear challenge must be tackled in 2013: Israel |
U.S., France differ over how to deal with explosive Mali |
Georgia, Russia to hold first bilateral talks since war |
Kurdistan leader vows to defend claims over disputed city |
Google's GMail service suffers disruption |
Russia backs down on proposals to regulate the Internet |
U.S. says will not give battery maker A123 rest of grant |
Regulators start probe into children's online privacy |
New app prepares travelers for the holiday rush |
Andy Serkis plays dual role in 'Hobbit'
Detroit firefighters, holes in boots, honored in BURN |
Unknown attackers fire at Cairo protesters, nine hurt |
Mexican president confident of key reforms in 2013 |
Mali prime minister resigns after arrest by soldiers |
Japan's LDP, partner on track for big election win: surveys |
North Korea seen taking down part of rocket to fix glitch: media |
Analysis: Japan's Abe gets second chance at loosening limits on military |
Quake hits near Indonesian islands of Moluccas |
Pentagon reports Taliban attacks up during Afghan fighting season |
Google's Gmail service suffers disruption |
Lynas says Malaysia operating license remains valid |
Twitter launches photo color filters to battle Instagram, Facebook |
Analysis: In pixel wars, LCD has staying power, refuses to die |
Intel says on track to launch smaller mobile chips |
Appeal of $7.2 billion card-fee settlement deferred |
Apple Australia map glitch: Snakes! In the desert! |
Tom Cruise defends role as Jack Reacher |
Jenni Rivera's family hopes Mexican-American singer still alive |
Andy Serkis plays dual role in Hobbit
Zero Dark Thirty, Silver Linings among AFI best films |
Lucasfilm studio wins appeal of pregnancy discrimination verdict |
Mandela responding to lung infection treatment |
Syrian rebels battle army near Damascus |
Venezuela awaits news of Chavez surgery, expected Tuesday |
Kazakh border guard gets life in jail for killing 15 |
Isolated Philippine typhoon victims running out of food |
Jordan king pardons jailed protesters |
Brazil's Lula knew about vote buying scheme: newspaper |
Cuban state grudgingly cedes ground to business cooperatives |
Yahoo to introduce new version of Yahoo Mail |
Wi-LAN sues RIM for Bluetooth patent infringement |
Go Daddy appoints Yahoo executive as CEO |
Warner Bros and MGM invest in social-gaming company Kabam |
Belden buys privately held PPC for $515.7 million |
SMART Technologies to cut workforce by 25 percent |
Australian prank call radio to donate profits to nurse's family |
Actress Jennifer Lawrence named 'most desirable' woman |
Hobbit actor McKellen has prostate cancer |
A new museum for ABBA, but no stage reunion |
Spice Girls musical tests Girl Power's stamina |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01