What Have Merchants Gained From Payment Card Litigation?
Mintz Washington, DC Members Bruce Sokler and Robert Kidwell, and Special Counsel Farrah Short, authored this Law360 column about the war being waged between businesses that accept payment cards and payment card fees and protective network rules. Though there had been developments recently providing businesses with tools to break away from the effects of those fees, a ruling in the Second Circuit Court of Appeals in New York has halted that progress for businesses in favor of merchants.