Download Priceless: The Case That Brought Down the Visa/MasterCard Bank Cartel AudioBook Free
"He won't discuss money, but he now accepts Visa: Negotiation, $3 billion, dealing with MasterCard, Priceless."(The NY Times) Lloyd Constantine began his job in legal services, representing impoverished clients in civil protection under the law and constitutional conditions. Decades later, he'd make headlines for representing sellers and consumers against a cartel that undermined one of the essential tenets of commerce in the us: competition. A man who thrives on competition himself, Constantine now gives us the insider's history on the largest antitrust lawsuit ever sold - an instance that pitted his small company against financial-industry giants Visa and MasterCard, along with Clifford-Chance, the largest law firm on the globe. Incorporating the real-life legal drama of your Civil Action with the relentless tempo of any John Grisham novel, Constantine delivers the definitive consideration of a case that made history and will be studied for a long time to come. From the 1980s, when Visa and MasterCard - whose put together market show topped 95 percent - declared the merger of their debit card sites, Priceless traces the fallout of this catastrophic union, from increased eyebrows among legal professional generals to the start of a major class-action lawsuit. For the five stores initially displayed by Constantine's company (Wal-Mart, Sears, Circuit City, Safeway, as well as the Limited), the truth of the situation was clear: Millions of U.S. businesses were being illegally coerced in a design that forced unnecessary fees on stores every time a customer used a debit cards. When a $3.4 billion negotiation was come to in 2003, the courtroom estimated that the truth would save stores and purchasers up to $87 billion in the first 10 years by itself. A suspense-filled history with a vibrant cast of heroes - and a smoking-gun record known as "The Shark" - Invaluable vacations from corporate and business backrooms to the courtroom to fully capture one of America's biggest triumphs in the high-stakes world of antitrust litigation.