technologyThursday, October 8, 2026 at 02:28 AM
San Diego pizzeria files post-2019 class action against Visa, Mastercard and five banks over interchange rules
New antitrust suit targets ongoing credit-card fee structure after 2019 settlement cutoff. Complaint alleges $100B+ annual merchant costs sustained by rules that block steering and competition. Success could alter pass-through costs to consumers within one to two years.
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The case will likely face a motion to transfer or relate to the still-pending MDL docket. Certification briefing and discovery on fee-setting practices are expected to determine whether the post-2019 class can proceed independently or must be folded into existing equitable-relief proceedings.
⚡ Prediction
District Court: motion to dismiss or transfer resolved by December 2025 with class certification granted or denied
Sources (2)
- [1]In re Payment Card Interchange Fee MDL Docket(https://www.nyed.uscourts.gov/mdl-1720)
- [2]ClassAction.org Complaint Summary(https://www.classaction.org/news/visa-mastercard-major-banks-facing-new-litigation-over-anticompetitive-merchant-credit-card-transaction-fees)