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Market
New lawsuits against Visa/Mastercard by end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Publicly available legal filings and news reports
Story
US Supreme Court Rules on Debit Card 'Swipe Fees' Case, Revives Challenge to Federal Regulations Impacting $V and $MA
Jul 1, 2024, 02:04 PM
The US Supreme Court has ruled in a case involving debit card 'swipe fees,' reviving a challenge to a Federal Reserve regulation. This decision, stemming from a North Dakota convenience store's legal challenge, could make it easier for businesses to overturn longstanding federal rules. The ruling potentially opens the door for more lawsuits against federal regulations, dealing a significant blow to the authority of federal agencies. The court's decision allows some regulations to be challenged even a decade or more after they were enacted. Companies like $V and $MA are particularly impacted by this ruling.
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Appeal the decision • 33%
Propose new agreement • 33%
No legal action • 34%
DOJ wins • 25%
Visa wins • 25%
Settlement reached • 25%
Case dismissed • 25%
Investigation results in fines • 25%
Investigation results in breakup • 25%
No action taken • 25%
Investigation ongoing • 25%
Visa found guilty • 25%
Visa found not guilty • 25%
Case dismissed • 25%
Settlement reached • 25%
DOJ wins • 33%
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Settlement reached • 33%
Yes • 50%
No • 50%
Visa wins the lawsuit • 25%
Visa loses the lawsuit • 25%
Settlement reached • 25%
Case dismissed • 25%