Hobby Lobby, Mardel file credit card fee lawsuit |
Written by Christine D. Johnson | |
Thursday, 30 July 2015 03:10 PM America/New_York | |
Oklahoma City-based Hobby Lobby Stores and Christian retail chain Mardel are taking their merchant fees fight to court. The companies filed an antitrust lawsuit July 23 against Visa and MasterCard in U.S. District Court for the Western District of Oklahoma. "The exercise of this market power has led merchants to pay excessive interchange fees," Hobby Lobby claims in its lawsuit, according to newsok.com. "In this manner, Visa and MasterCard have unlawfully restrained competition in these markets." |
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