Administrative/Regulatory
Sep. 10, 2009
Judge Dismisses Lawsuit Alleging Antitrust Violations in ATM Fees
Customers who sued a group of banks for antitrust violations related to ATM fees failed to show that they are effectively prohibited from switching banks to avoid paying the fees, a federal judge has ruled.
Daily Journal Staff Writer Customers who sued a group of banks for antitrust violations related to ATM fees have failed to show that they are effectively prohibited from switching banks to avoid paying the fees, a federal judge has ruled. U.S. District Judge Charles R. Breyer dismissed the lawsuit Friday, but gave the plaintiffs permission to file an amended complaint. According to the lawsuit, banks created the Star Syste...
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