Retailers Make Progress on Interchange Fees

CHICAGO - The retail industry is making some gains in its efforts to get Congress involved in regulating the interchange fees levied by credit card associations, according to speakers at a Food Marketing Institute session here yesterday. Congress so far has held a few hearings on the issue, and next month the House Judiciary Committee is expected to hold a hearing looking into allegations that the associations are colluding in their pricing strategies, according to John Motley, senior vice

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