Priceless: The Case That Brought Down the Visa/MasterCard Bank Cartel (34 page)

Caplow, Stacy,
7

Carlton, Dennis,
98-100
,
104
,
106-8
,
135
,
195
,

Caro, Robert, xiv

cartels, defined,
13

cashless society predictions,
13-14

Celli, Andy,
179

Cerruti, Gene,
182

Circuit City,
59-60
,
72

17,
18

Citibank,
52

class actions

defined,
6

neo-conservatives and,
112-13

Class certification,
95-96

filing of motion for,
98

Second Circuit granting of Visa/ MasterCard appeal,
112-13

upholding of,
120

Visa/MC division of argument in appeal,
115

class representatives,
59

Clayton Act,
18
,
24

Cleary Gottleib,
23

Clifford Chance, xiv,
67-68

Clinton, Bill,
21

Coffee, John,
225

Cole, Steve,
150

collateral estoppel doctrine,
148

“Competitive Programs Policy,”
54
,
90

Cone, Terry, ix

Cone, Tim, ix-x

Congemi, Ron,
148

conspiracy to monopolize,
160

Constantine, Connie,
3

Constantine, Jan,
194

Constantine, Lloyd

biographical/legal background of,
3-10

in class certification appeal,
118-19

founding of Constantine &Partners,
37-41

at International Payments Policy Conference,
240-41

MasterCard threats against, ix-x

at news conference,
207-15

Constantine &Partners, xiv

change of name to Constantine Cannon,
235

Clifford Chance and,
67

division of labor,
71-72

fee application,
215

fee decision,
221-31

founding of,
37-41

FTC alert to Visa Checkcard II gambit,
133

mock trial,
178-82

Movie Night,
176

preparation of trial team,
175

consumer confusion of debit and credit cards,
128
,
152
,
164

Cook, Mike,
201

copycat lawsuits,
69-71

Corallo, Anthony “Tony Ducks,”
93

Cornick, Garber &Sandler,
224

Cosentino, Mark,
114

Cote, Denise,
112
,
113-15
,
116-17
,
120

Crane, Janet,
147

Cravath, Swaine &Moore,
41

credit card management,
228-29

creeping merger,
19
.
See also
Visa and

MasterCard duality,

D

D’Amato, Al,
30

Daubert
motions,
97-98
,
163
,
166
,
195

Dean Witter,
33

debit cards

PIN vs. signature,
18-19

visual identifiers of,
216-17

decision of first impression,
91

dedication agreements,
91

depositions

double-tracking,
79

expert depositions,
138

numbers and time limits of,
107

Dialogue, The,
173-74
,

Discover

exclusionary rules against,
53
,
90

suit against Visa and MasterCard,
238

Visa antitrust case against,
31-34

Discovery disputes,
79

Docherty, Des,
152

double-tracking depositions,
79

Douglas, William O.,
8

duality, defined,
19-20
. See also Visa and MasterCard duality

Duffy, Kevin,
6

Duncan, Mallory,
202

E

Economist,
154

Edgar Dunn Associates,
175

electronic funds transfers,
148

Emery, Richard,
179

English, Linda,
204

Entree debit card network,
201
,

consent decree,
27

debit mergers,
18

termination of,
17-18

Europay,
237

expert reports,
72
,
138

expert witnesses,
138

97-98

Dennis Carlton,
104
,
107-8

preparation of,
177

Richard Schmalen see,
99-107

F

Federal Reserve International Payments

Policy Conference,
240-41

Federal Rules of Civil Procedure Rule
23
,
109-10

Federal Trade Commission,
47
,
134

fee decision,
221-31

Feinberg, Ken,
195

First, Harry,
225

First Union,
149

Fisher, Franklin,
101-2
,
135
,
167
,
180

Fitzsimmons, Jay,
201

Food Marketing Institute (FMI),
62-63

Ford, Ford Madox,
243

Fox, Larry,
34
,
155

Franklin Bank,
191

Fried, Sam,
41

friend of the court briefs,
123

G

Gage, Linda,
152

Gallo, Ken,
67
,
116-17
, :150

Gilbert, Martin,
193

Gilman, Ken,
35
,
36

Ginsburg, Ruth Bader,
122

Glassman, James,
190

Gleeson, John

on Carlton qualifications,
106-7

certification of the class ruling,
95
,
109

on copycat lawsuits,
70

decision of first impression,
91

fee decision,
221-31

gag order,
207

granting of U.S. motion to intervene,
75-76

on motion to strike steering defense,
152-53

order of priority in settlement,
218

populist tendencies of,
201

request of Second Circuit to review class certification ruling,
112
,
110-111
-12

on settlement of case,
198-201

summary judgment rulings,
93-94
,
152
,
158-59
,
197-198

on trial exhibits,
165-66

on unsealing of case documents,
127

unsealing of document,
128-29

on U.S. antitrust case,
93

Goldstock, Ron,
93

Gordon, Bob,
201

Gotti, John,
77

Governance duality,
90

Green, Eric,
155-56
,
195
,
196-97
,
223-231
,

Green, George,
202

Greenberg, Josh, xi-xii

Greenspan, Alan,
241

Guthrie, William “Kid Chocolate,”
40

H

Hagens Berman,
70

Hanft, Noah,
85-87
,
153
,

Hart, Pete,
83-85
,
153

Heller Ehrman White and McAuliffe,
32
,
65-68
,
97-98

brief to overturn certification of the class,
108

Daubert motions,
99-100
,
103
,
195

on tying arrangements,
105-6

Hermann, Bob,
7-8

Heur, Alan,
148-149

Higman, Ross,
201

Hogan, Edward,
80
,
128
,
150

Holmes, Oliver Wendell,
119

Home Depot,
61-62

HONOR,
148
,
165

Honor All Cards rules,
19
,
57
,
131
,
185-86

Hunter, Steve,
41
,43,
51
,

Hyde, Tom,
191

I

incremental sales argument,
147

interchange fee,
15-16

interlink debit card network,
17-18

interlocking directorates,
52

International Mass Retail Association

(IMRA),
62-63

International Payments Policy

Conference,
240-41

issue conflict,
31

J

Jacobs, Dennis,
112
,
119-20
,
121

James Hearing,
157

Jarrell, Kent,
207

Johnson, Lyndon, xiv

joint defense privilege,
68
,
86

Jones, Barbara,
92
,
93
,
116
,
239

Jones v. Califano,
6

junk science,
97

Kandel, Bob, xi

Karle, Stuart,
127

Katen, Irene,
152

Kaye Scholer,
114-5

Keker, John,
239

Kennedy, Sandy,
202

Khachadourian, Arman,
152

King, Don,
40

Klein, Ben,
107
,
140

Klein, Joel,
46-47
,
54

Klinger, Lisa,
201

Koplow, Meyer,
194

K-Prime,
29

Kroger,
61

L

Lande, Robert,
228

LePage v.
3
M,
106

Leval, Pierre,
20
,
23

Levin, Neil,
175

Liberty Cable,
40

Lieberman, Hal, xii

The Limited,
34-36
,
41

agreement to file as class action,
48
,
50

as named plaintiff (class representative),
59

Lipton, Jason,
130
,
145-46
,
176

Lloyd’s Book,
173
,
174-75

Log, The,
174

M

MacDonald, Duncan,
161

Maestro,
51

Mahoney, Carl,
172-73

Mahoney, Stacey,
71
,
172-73
,

Mann, Roanne,
77-80
,
86-87
, :8i

class certification and,
95-96

on numbers and limits of depositions,
107

rejection of Visa claim of privilege,
129

on release of sealed documents,
124-25

settlement conference,
195-96

market definition battles,
16-17

Marks, Jonathan,
197

Mars, Tom,
194-92

Marsh &McLennan,
198

MasterCard. See also Visa and MasterCard

duality

acquisition of ATM network,
17

American Express suit against,
238-39

and Booz Allen,
153-54
“Competitive Programs Policy,”
54
,
90
,
135

Discover suit against,
238

IPO,
239

knowledge of consumer confusion over debit/credit cards,
128
,
152
,
164

law firms retained by,
67

membership corporation status announcement,
239-40

motion for “severance,”
157

McDermott Will &Emery,
30

McElhinney, Bruce,
152

McEwen, Tony,
139-140

MCI,
66

Means of Ascent (Caro), xiv

Mediation,
188
,
195-97

Merchants
’ case against Visa/Mastercard, xiii-xiv

copycat lawsuits,
69-71

drop in debit card prices as result of,
236

fee decision,
221-31

final settlement,
205-19

memoranda of understanding,
205

mock trials,
178-82

news conference,
207-82

press coverage of,
50
,
129-31

settlement discussions,
188
,
203

trial preparation,
171-83

Meskill, Tom,
114

Microsoft,
66
,
101-2
,
105-6

Milberg Weiss,
70
,
71

Miller, Arthur,
225

Miller, Faucher,
71

Miller, Robert,
153

Milstein, Abby,
37

Milstein, Howard,
40-41

Minolta,
30

Mitsubishi,
10
,
30

mock trial,
178-83

importance of,
178

role assignments,
178-79

struck juries,
181

Moltenbrey, M.J.,
54-55

Morgenthau, Bob,
38

motions in-limine,
163

Mountainwest case,
100

Mountainwest
Industrial Loan

Corporation,
32

Mullin, Tracy,
202

Munson, Carl, xi

N

Nabanco antitrust case,
15-17
,
20

named plaintiffs,
59

National Economic Research Associates

98

National Retail Federation (NRF),
62-63

Newfield, Jack,
114

New York
Law Journal
,
155

Nintendo,
30

Norton, Bob, ix-xi,
25
,
52-53
,
81

Norwest Bank,
52
,
149

Nussbaum, Bernie,
194