A federal appeals court has declined to revive a private
antitrust lawsuit accusing four major banks of fixing fees
charged to process credit card transactions, ruling cardholders
had no right to sue because they did not show they were injured.
A three-judge panel of the 2nd U.S. Circuit Court of
Appeals in a decision on Monday affirmed a lower court's ruling
in 2014 that the fees at issue were not paid directly by
cardholders but rather by merchants.
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