Senate Majority Whip Richard Durbin (D-Ill.) joins retailers filing briefs urging the Supreme Court to hear the interchange suit.
Sen. Dick Durbin (D-Ill.) files an amicus brief with the Supreme Court, arguing for a lower Fed interchange cap.
U.S. District Court Judge John Gleeson ruled July 18 that retailers unhappy with the settlement of a credit card interchange civil suit may continue with a new legal proceeding against major card brands.
A Friday ruling allows retailers who opted out of last year's settlement to proceed with new suits. Card brands can also countersue retailers.
E-commerce merchant Mitch Goldstone filed the interchange antitrust lawsuit back in 2005.
Retailers displeased with U.S. District Court Judge John Gleeson's adjudicated settlement of litigation surrounding credit card interchange appealed his decision last week.
Some retailers appeal a settlement other retailers had reached with Visa, MasterCard and six major banks.
Appeals may delay final implementation while credit union trade groups watch for fee, other impacts.
Latest round in battle between card brands and retailers seeks rejection of interchange settlement.
U.S. District Court Judge John Gleeson batters lawyers in hearing over what he said were misleading websites.