Mentioned Companies:

Intuit vs. Mastercard/Visa in Antitrust Litigation

Litigation filed on February 19, 2021, by Intuit in the U.S. District Court for the Northern District of California charges antitrust violations related to interchange fees merchant acquirers pay card issuers to enable their merchant customers to accept Visa and Mastercard credit cards. Merchant acquirers pass along interchange fees to their merchants. Intuit, owner of QuickBooks (small business accounting software), TurboTax (tax preparation software), Mint (personal financial management app) and Credit Karma (personal finance website) calls itself a financial platform company. It is a mer...

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