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.

The suit was filed by Kroger, Safeway, Albertsons, Ahold USA, Eckerd Corp., Maxi Drug and Walgreen against Visa USA and Visa International Service Association and alleges that Visa unl

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