This action by FIFA is a blatant and deceitful violation of our right of first refusal.
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After years of investigation, followed by testimony from witness after witness, the only thing the government has proven over the past month is what we knew all along -- the current structure of the payment card industry has given rise to intense competition and extraordinary innovation, with the consumer as the ultimate beneficiary of unprecedented choice.Noah Hanft
Among the key terms we bargained for in the 2002-2006 FIFA World Cup sponsorship negotiation was the right to obtain future FIFA World Cup sponsorship opportunities.
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The decision in no way relates to the merits of the case. We remain confident that our position will prevail and that consumers will not be disadvantaged by the efforts of class action lawyers to impede the ability of cardholders to use their MasterCard cards wherever MasterCard is accepted.
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