Joint Conduct

Visa and MasterCard claims are “fanciful”, retailers tell UK Supreme Court

Retailers have pushed back against Visa’s and MasterCard’s claims that their interchange fees are exempt from competition law, arguing that any purported benefits must go to merchants – not cardholders – to outweigh the fees’ restriction of competition.

MasterCard: let us “wield a broad axe” to defend conduct

Empirical data should not be required to prove a company’s conduct is exempt from competition law, counsel to MasterCard has argued to the UK Supreme Court.

Lower court conflated facts with law, Visa tells UK Supreme Court

A UK appeals court was wrong to find that Visa’s and Mastercard’s multilateral interchange fees are anticompetitive, because it ignored evidence that the level of the fees did not affect merchants’ ability to negotiate with banks, Visa’s counsel has argued.

Visa and MasterCard claims are “fanciful”, retailers tell UK Supreme Court

MasterCard: let us “wield a broad axe” to defend conduct

Lower court conflated facts with law, Visa tells UK Supreme Court

GCR USA

Trump economists reject rising concentration as indicating lack of competition

Economic advisors to President Donald Trump have rebuked research suggesting that increasing market concentration, profits and barriers to entry in certain sectors of the US economy are necessarily signs of decreased competition.

Hot docs are more important in tech cases, DOJ counsel says

Business documents are especially important for antitrust cases in technology markets because enforcers have less experience assessing innovation competition than price or quality competition, a counsel to the head of the Department of Justice’s antitrust division has said.

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