Merchants sue Visa, MasterCard, banks
 

NEW YORK (Reuters) - Four merchant groups have filed an antitrust lawsuit against Visa USA, MasterCard Inc. and dozens of major banks, saying they colluded to set excessive credit card fees.

http://news.yahoo.com/s/nm/20050927/...icards_suit_dc

I think they also collude in NOT making banking more secure. Afterall why should they spend the money to stop fraud when we fuckin pay for it anyway in fees, percentages, etc. . .