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Several of the nation's largest banks, including Citigroup Inc.'s Citibank and Bank of America Corp., illegally fix the price of credit card transaction fees, a group of small businesses charge in a lawsuit. Filed Wednesday in federal court in Connecticut on behalf of businesses in California, Minnesota and Connecticut, the suit seeks to represent the nation's retailers as a class. A plaintiffs attorney said damages could reach tens of billions of dollars.
June 24, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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