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Group questions legal arrangements following Visa/MasterCard settlement

By Jessica Legge

Times West Virginian
August 2, 2008

FAIRMONT — Attorney General Darrell McGraw recently settled a lawsuit with Visa and MasterCard, but a nonprofit citizen group claims there are some problems with the legal arrangements.

The West Virginia Office of the Attorney General filed a case in 2003 against MasterCard International Inc. and Visa U.S.A. Inc. under West Virginia’s antitrust and consumer protection laws. Approximately $11.6 million in settlement money from the lawsuit is funding the upcoming sales tax holiday — from Sept. 1 to 7 — for West Virginians.

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