Discover Visa Squashed

Professor Cardworthy

English - January 19, 2020 19:00 - 23 minutes - 16.2 MB
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A Discover Visa card combination almost made its way into the U.S. market a little more than 25 years ago. Solicitations for the new card were printed and ready to hit mailboxes in a matter of days until an alert Visa staffer sniffed out the Discover scheme. The card was totally squashed in a $2 billion antitrust lawsuit wherein the key Visa witness was so compelling the presiding Federal judge considered overruling the jury

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