A Washington federal judge gave a win yesterday to Visa Inc. and MasterCard Inc., dismissing (PDF) a set of lawsuits that accused the two credit card companies of violating federal antitrust laws in how they set ATM fees.
U.S. District Judge Amy Berman Jackson found that the plaintiffs – ATM operators and consumers who used ATMs – failed to make sufficient claims that they were harmed by how Visa and MasterCard managed ATM fees, and also didn't present enough facts to support a claim that the companies were part of an anticompetitive conspiracy with banks.
A lead attorney for the ATM operators, Washington solo practitioner Jonathan Rubin, said today that his clients are planning to file an amended complaint that would address Jackson's problems with the original case. "This is basically an economic issue that we intend to lay out in greater detail for the court," he said. A lead attorney for ATM users, George Sampson of Hagens Berman Sobol Shapiro, said in an e-mail that his team also believed they could amend the complaint to address the court's concerns.