CHAINS SUE VISA OVER INTERCHANGE FEES

NEW YORK -- Four of the nation's largest supermarket companies and three of the largest drug store chains filed a federal lawsuit in the U.S. District Court for the Southern District of New York here accusing credit-card giant Visa of price fixing and restricting competition related to transaction fees.The suit was filed by Kroger, Safeway, Albertsons, Ahold USA, Eckerd Corp., Maxi Drug and Walgreen

NEW YORK -- Four of the nation's largest supermarket companies and three of the largest drug store chains filed a federal lawsuit in the U.S. District Court for the Southern District of New York here accusing credit-card giant Visa of price fixing and restricting competition related to transaction fees.

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