Heard in the Aisles: Swipe fees, EVs, mobile fueling & more from SIGMA

摘要

San Francisco – Branded marketers are squabbling with their suppliers over who gets the funds from the $6.2 billion settlement of the Visa- Mastercard swipe fee antitrust litigation. At its annual meeting here, SIGMA urged members who sell branded fuel to contact their brands to learn whether or not they plan to pass through the settlement dollars to jobbers and dealers. Doug Kantor, a partner in the Washington office of Steptoe & Johnson, warned that some major brands say the settlement money should go to them. “I don’t think they can sustain it if challenged,” Kantor said. “There are many reasons to question their claims as dubious.” He told marketers to talk to their branded suppliers directly to find out how they’re handling the settlement. “Let them know it would be a real problem if they are going to take the money that should be going to whatever company ultimately paid the interchange fees in this case,” he said.