Feb 10, 2014, 11:02 AM EDT
Baseball is a business just like any other. And just like many other businesses — millions of them, in fact — baseball teams feel like the credit card companies hold them hostage by imposing fees every time a customer swipes their card. The Twins feel like Visa and Mastercard have gone too far in this regard:
The Minnesota Twins hit Visa Inc. and MasterCard Inc. with an antitrust suit in New York federal court Friday accusing the credit card companies of monopolizing the market by fixing swipe fees, less than two months after a landmark $7.25 billion settlement over similar claims.
The new suit, filed by Minnesota Twins LLC and a group of Minnesota retailers, alleges that the credit card giants colluded with banks that carried their credit cards to keep swipe fees high and to keep information about those fees from consumers. Visa and MasterCard also prevented retailers from incentivizing customers to use cards with lower fees, according to the complaint.
This sort of arrangement was recently the subject of one of the largest class action settlements in history. Now baseball teams are getting in on it too.
If they’re not successful, look for hastily-created “cash only” signs written in magic marker on torn cardboard at a ticket window near you.
May 29, 2015, 2:31 PM EDT
Sizemore hit just .250 with three homers and a .657 OPS in 99 games for the Phillies.
May 29, 2015, 2:08 PM EDT
Hint: he was doing it with the Braves too.
May 29, 2015, 1:01 PM EDT
Rios has been out since mid-April.
May 29, 2015, 12:52 PM EDT
43-years-old in years, 16 in temperament.
May 29, 2015, 12:16 PM EDT
Asche spent about three weeks in the minors.
May 29, 2015, 11:50 AM EDT
You can breathe now, Pirates fans. He’s back.
May 29, 2015, 11:19 AM EDT
Crisp is making $11 million this season and is owed $11 million next year.
May 29, 2015, 11:03 AM EDT
“. . . and that’s a good thing.”
May 29, 2015, 10:47 AM EDT
“Not quite ready.”
May 29, 2015, 10:30 AM EDT
Kluber is 3-0 with 50 strikeouts and two walks in his last 32 innings.
May 29, 2015, 10:15 AM EDT
His elbow was very well protected for the interview.
May 29, 2015, 9:01 AM EDT
The latest radical suggestion from the baseball commentariat is like all of the others: it’s a solution in search of a problem.
May 29, 2015, 8:23 AM EDT
Great Moments in Politics.
May 29, 2015, 7:13 AM EDT
Corey Kulber’s last four starts: 3-0 with 50 strikeouts and two walks in 32 innings. Yowza.
May 28, 2015, 11:39 PM EDT
Red Sox prospect left-hander Eduardo Rodriguez tossed 7 2/3 scoreless innings in his major league debut against the Rangers on Thursday.
May 28, 2015, 10:51 PM EDT
Rockies prospect David Dahl suffered a “massive laceration” in his spleen following an outfield collision Thursday and required season-ending surgery.
May 28, 2015, 10:03 PM EDT
Hamilton got a rousing ovation from the home crowd in his return to Texas.
May 28, 2015, 9:05 PM EDT
Jarrod Saltalamacchia was cut loose by the Marlins earlier this month after proving to be a disappointment in his three-year, $21 million contract, but the Diamondbacks are ready to give him a shot.
May 28, 2015, 8:22 PM EDT
Kazmir left his start yesterday against the Tigers after three innings with shoulder tightness, but it sounds like he might not have to miss much time.
May 28, 2015, 7:40 PM EDT
Tanaka has been sidelined since April 23 due to a right forearm strain and right wrist tendinitis.
- The schedule: if it ain’t broke, don’t fix it 63
- And That Happened: Thursday’s scores and highlights 62
- Eduardo Rodriguez dazzles in major league debut 23
- Masahiro Tanaka expected to rejoin Yankees next week 4
- Alex Rodriguez is the all-time AL RBI champion. Sorta. 76
- And That Happened: Wednesday’s scores and highlights 86
- Cardinals GM John Mozeliak: Matt Adams out 3-4 months, possibly the year, with torn quad 62
- Bryce Harper leads in the first round of National League All-Star voting 29