It was reported today that Visa Inc. and Mastercard Inc. are close to a settlement with the Department of Justice (DOJ).  The DOJ has been investigating possible antitrust violations on credit card acceptance rules.  The issue involves the fees that Visa and Mastercard charge to merchants and a settlement would give merchants some flexibility to steer customers to a cheaper card.

Interested in learning more about antitrust issues?  Every year PLI holds the Antitrust Insititue and publishes the accompanying course handbook by the same name.  The Antitrust Institute 2010 course handbook is available here.