Priceless
The Case That Brought Down the Visa/MasterCard Bank Cartel
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Narrated by:
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Alan Robertson
About this listen
"He won't discuss money, but he now accepts Visa: Settlement, $3 billion, taking on MasterCard, Priceless."(The New York Times)
Lloyd Constantine began his career in legal services, representing impoverished clients in civil rights and constitutional cases. Decades later, he would make headlines for representing retailers and consumers against a cartel that undermined one of the fundamental tenets of commerce in America: competition. A man who thrives on competition himself, Constantine now gives us the insider's story on the biggest antitrust lawsuit in history - a case that pitted his small firm against financial-industry giants Visa and MasterCard, along with Clifford-Chance, the largest law firm in the world.
Combining the real-life legal drama of A Civil Action with the relentless pace of a John Grisham novel, Constantine delivers the definitive account of a case that made history and will be studied for years to come. Beginning in the 1980s, when Visa and MasterCard - whose combined market share topped 95 percent - announced the merger of their debit card networks, Priceless traces the fallout of this catastrophic union, from raised eyebrows among attorney generals to the launch of a major class-action lawsuit. For the five merchants initially represented by Constantine's firm (Wal-Mart, Sears, Circuit City, Safeway, and The Limited), the reality of the situation was clear: Millions of U.S. businesses were being illegally coerced in a scheme that forced excessive fees on merchants every time a customer used a debit card. When a $3.4 billion settlement was reached in 2003, the court estimated that the case would save stores and shoppers up to $87 billion in the first decade alone.
A suspense-filled story with a vibrant cast of characters - and a smoking-gun document known as "The Shark" - Priceless travels from corporate backrooms to the courtroom to capture one of America's biggest triumphs in the high-stakes world of antitrust litigation.
©2009, 2012 Lloyd Constantine (P)2012 Audible, Inc.Listeners also enjoyed...
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Alan Robertson's smooth rumble quickly pulls listeners into the complex world of high-stakes litigation as he performs this true story about the biggest antitrust lawsuit in history. Attorney Lloyd Constantine provides an inside account of his battle against financial giants Visa and Mastercard to prove that millions of U.S. businesses were being illegally coerced into paying excessive fees every time a customer used a debit card. Robertson makes subtle changes to his cadence and timbre to heighten the suspense as Constantine navigates tense backroom meetings and hostile courtrooms, and listeners will be enthralled until Constantine brings his case to a close.
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The Brethren
- Inside the Supreme Court
- By: Bob Woodward, Scott Armstrong
- Narrated by: Holter Graham
- Length: 20 hrs and 53 mins
- Unabridged
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The Brethren is the first detailed behind-the-scenes account of the Supreme Court in action. Bob Woodward and Scott Armstrong have pierced its secrecy to give us an unprecedented view of the Chief and Associate Justices - maneuvering, arguing, politicking, compromising, and making decisions that affect every major area of American life.
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Amazing
- By Andy on 03-28-19
By: Bob Woodward, and others
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Louis D. Brandeis
- A Life
- By: Melvin I Urofsky
- Narrated by: Sean Pratt
- Length: 35 hrs and 13 mins
- Unabridged
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The first full-scale biography in 25 years of one of the most important and distinguished justices to sit on the Supreme Court - an audiobook that reveals Louis D. Brandeis the reformer, lawyer, and jurist, and Brandeis the man, in all of his complexity, passion, and wit. As a lawyer in the late 19th and early 20th centuries, he pioneered how modern law is practiced.
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a Listen to Louis D. Brandeis
- By J on 07-11-10
By: Melvin I Urofsky
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The Hellhound of Wall Street
- How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance
- By: Michael Perino
- Narrated by: George K. Wilson
- Length: 14 hrs and 34 mins
- Unabridged
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In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead....
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Great Story
- By Lynn on 03-22-11
By: Michael Perino
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Where Law Ends
- Inside the Mueller Investigation
- By: Andrew Weissmann
- Narrated by: George Newbern, Andrew Weissmann
- Length: 14 hrs and 8 mins
- Unabridged
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In the first and only inside account of the Mueller investigation, one of the special counsel’s most trusted prosecutors breaks his silence on the team’s history-making search for the truth, their painstaking deliberations and costly mistakes, and Trump’s unprecedented efforts to stifle their report.
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Riveting
- By Victoria Eriksson on 10-06-20
By: Andrew Weissmann
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Washington Journal
- Reporting Watergate and Richard Nixon's Downfall
- By: Elizabeth Drew
- Narrated by: Jo Anna Perrin
- Length: 22 hrs and 17 mins
- Unabridged
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Unfolding over the course of a single year, from September 1973 to August 1974, Washington Journal is the record of the near-dissolution of a nation's political conscience - told from within. In this book, we see corruption in its most prosaic and grandest forms, along with occasional flashes of decency, ethics, and humanity, and other sights rarely witnessed in the wilds of the capital.
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Brilliant reporting
- By Tad Davis on 10-01-14
By: Elizabeth Drew
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Scorpions
- The Battles and Triumphs of FDR's Great Supreme Court Justices
- By: Noah Feldman
- Narrated by: Cotter Smith
- Length: 14 hrs and 38 mins
- Unabridged
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They began as close allies and friends of FDR, but the quest to shape a new Constitution led them to competition and sometimes outright warfare. Scorpions tells the story of four great justices: their relationship with Roosevelt, with each other, and with the turbulent world of the Great Depression, World War II, and the Cold War. It also serves as a history of the modern Constitution itself.
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A MOST HONOURABLE SWANSONG
- By Dudley H. Williams on 05-27-12
By: Noah Feldman
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Detroit Resurrected
- To Bankruptcy and Back
- By: Nathan Bomey
- Narrated by: Jonathan Yen
- Length: 9 hrs and 31 mins
- Unabridged
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From thriving Motor City to the largest municipal bankruptcy in American history, Detroit has become the nation's cautionary tale. But what led to the fateful day of the filing, and how did the city survive this crisis? Journalist Nathan Bomey delivers the inside story of Detroit's decline and the people who fought to save it against impossible odds: Governor Rick Snyder, a self-proclaimed nerd; emergency manager Kevyn Orr, a lawyer with singular dedication; Judge Steven Rhodes, the city's conscience; and retirees who fought to ensure that Detroit kept its promises.
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Outsiders Perspective
- By Carl on 02-07-17
By: Nathan Bomey
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The Fall of the House of FIFA
- The Multimillion-Dollar Corruption at the Heart of Global Soccer
- By: David Conn
- Narrated by: Matthew Waterson
- Length: 12 hrs and 40 mins
- Unabridged
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In 2015, FIFA - the multibillion dollar governing body of the world's most-loved sport - was brought down by allegations of industrial-scale bribes, kickbacks, money laundering, racketeering, and tax evasion. Beginning with early morning raids in Zurich and the indictment of 27 executives by the US Department of Justice, the rottenness at the core of FIFA seemed to extend throughout all of soccer, from the decision to send the 2018 and 2022 World Cups to Russia and Qatar to lesser known cases of embezzlement from Trinidad to South Africa.
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quite good
- By kevin m on 12-14-17
By: David Conn
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The Deep State
- How an Army of Bureaucrats Protected Barack Obama and Is Working to Destroy the Trump Agenda
- By: Jason Chaffetz
- Narrated by: Jason Chaffetz
- Length: 7 hrs and 36 mins
- Unabridged
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Former congressman and current Fox News contributor Jason Chaffetz explains how we ended up with a politicized federal bureaucracy that actively works to promote the Democratic Party's agenda and undermine Donald Trump.
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Excellent insight to the dirty dealings of the gov
- By Henwhisperer on 09-26-18
By: Jason Chaffetz
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None of the Above
- The Untold Story of the Atlanta Public Schools Cheating Scandal, Corporate Greed, and the Criminalization of Educators
- By: Shani Robinson, Anna Simonton
- Narrated by: Lisa Renee Pitts
- Length: 10 hrs and 53 mins
- Unabridged
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An insider’s account of the infamous Atlanta Public Schools cheating scandal that scapegoated black employees for problems caused by an education reform movement that is increasingly a proxy for corporate greed.
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A well constructed story
- By Sumo Steve on 03-21-19
By: Shani Robinson, and others
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The Russia Hoax
- The Illicit Scheme to Clear Hillary Clinton and Frame Donald Trump
- By: Gregg Jarrett
- Narrated by: Charles Constant, Gregg Jarrett
- Length: 8 hrs and 28 mins
- Unabridged
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Fox News legal analyst Gregg Jarrett reveals the real story behind Hillary Clinton’s deep state collaborators in government and exposes their nefarious actions during and after the 2016 election. This audiobook reveals how persons within the FBI and Barack Obama’s Justice Department worked improperly to help elect Hillary Clinton and defeat Donald Trump in the 2016 presidential election. When this suspected effort failed, those same people appear to have pursued a contrived investigation of President Trump in an attempt to undo the election results and remove him as president.
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Laughably dumb
- By liverleef on 07-27-18
By: Gregg Jarrett
What listeners say about Priceless
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Michael
- 03-30-13
Great listen – I could not stop
If you like books about how business works then you will like this book! The book details the legal case surrounding Visa / Mastercard and their attempt to extend their dominance in charge card products to the emerging debt card technology / market. I enjoyed the author:
•laying out the background to the case, including his work on other anti-trust cases
•the key anti-trust points, without making it boring
•the legal arguments used in the trial, so that a non-lawyer like myself could understand
•the critical procedures and strategies used to influence the process (as an example the non-verbal cues used by the judges).
•getting the book edited to make it the perfect length
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