TITLE

Card fee backlash grows, led by Kroger

AUTHOR(S)
McTaggart, Jenny
PUB. DATE
September 2005
SOURCE
Progressive Grocer;9/1/2005, Vol. 84 Issue 12, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on separate lawsuits filed by Kroger Co. against Visa USA Inc. and MasterCard USA Inc. for allegedly setting interchange fees. A number of retailers are joining Kroger as plaintiffs in the lawsuits. Rapidly increasing interchange fees are costing retailers and consumers a billion each year. Majority of Kroger's overall transactions are made via credit or debit cards.
ACCESSION #
19901067

 

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