Friday, September 13, 2013

Todd Zywicki on the $7.2 Billion Credit Card Settlement

Yesterday, U.S. District Judge John Gleeson heard arguments from retailers and the two big credit card companies, Visa and MasterCard, about a proposed settlement that would award retailers about $7.2 billion in their class action lawsuit. In anticipation of that hearing, Professor Todd Zywicki wrote an op-ed for Forbes arguing for the settlement. Zywicki argues that it would help end years of frivolous legislation from the retailers. In this video, I interview Professor Zywicki about his Forbes article and the details of the settlement.

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