Will WikiLeaks Slam These Credit Card Companies Again?
WikiLeaks is suing Visa (NYSE:V) and MasterCard (NYSE:MA) after the two credit card companies suspended payment facilities for the site in the wake of last year’s release of US diplomatic cables and the subsequent suspension of the Danish whistleblowing site. Wikileaks is jointly suing the credit card giants with partner DataCell, the site’s service provider. Visa and Mastercard are accused of breaching EU Competition Rules by blocking all credit card transactions to WikiLeaks and DataCell as of December of last year.
Also named in the lawsuit is Teller, a Danish payment processing firm that also suspended payment facilities to the two companies last year. The credit card firms also allegedly broke the law in terminating and then refusing to re-instate suspended accounts, though they are denying any wrongdoing and have refused to negotiate a settlement.