A federal judge on Tuesday rejected a $30 billion settlement that would have capped the fees Visa and Mastercard charge to merchants for credit and debit card purchases.

A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and retailers that the larger industry had criticized. The parties announced a preliminary settlement ...

A $30B antitrust settlement proposed by Visa (V) and Mastercard (MA) is expected to be rejected by a federal judge in a major setback in the long-running dispute over swipe fees. Read more.

Settlement rejected Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.

A federal judge said Visa and Mastercard could likely withstand a larger settlement than the proposed $30 billion deal she rejected. (Jakub Porzycki/NurPhoto via Getty Images/File) ...

Last week, a U.S. judge rejected Visa (V) and Mastercard’s (MA) proposed antitrust settlement worth $30 billion. The two credit card companies agreed to limit the fees they charged merchants that ...

Settlement rejected Back in March, Visa and Mastercard agreed to a settlement with retailers to an antitrust class-action lawsuit that began back in 2005.

NEW YORK (Reuters) - A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion ...