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Supreme Court nixes review of association antitrust lawsuit

Justices rule petitioners' attorneys improperly changed original argument in court filings; case heads back to lower court The U.S. Supreme Court has canceled an upcoming hearing on whether association membership could constitute an antitrust violation in certain instances, dismissing the case after ruling lawyers for Visa, Inc. changed their argument. Visa v. Osborn is a case being closely monitored by ASAE and other associations because of an appellate court ruling finding that association membership could constitute an illegal conspiracy under antitrust law. The case stemmed from a lawsuit brought by independent ATM owners against Visa, MasterCard and large banks,… Read More