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Inevitably, transaction disputes must sometimes result in a reversed payment, and the costs of fraud must sometimes be absorbed.
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In April, PayPal removed the $611 from my account as a "chargeback," stating that the buyer "asked the credit card company to reverse" payment for the computer because the purchase was "unauthorized".
For that reason, critics commonly referred to reverse payment settlements by a more pejorative term: pay-for-delay.
The tactic, known as pay-for-delay or reverse payments, results in higher costs for consumers.
The court did not address whether the agreements, called pay-for-delay or reverse payments, were unlawful on their face.
Third, they look for plausible reasons to reverse payments they have already made on your behalf.
We reversed this payment because we have stopped allowing personal payments to be sent to or from India.
Thus, the deals are known as "reverse payment" settlements.
"Why should we overturn understood antitrust laws," he asked, "just to patch up a mistake that Hatch-Waxman made?" Justice Stephen G. Breyer also probed for a limited-scope solution, including letting a Federal District Court judge decide whether a reverse payment appeared to unlawfully restrain trade.
The reverse payment trend resulted from a sort of loophole in the Hatch-Waxman law, and at least two justices indicated they were either reluctant to fix that problem for Congress or they did not want any solution to apply broadly to nongeneric drug patent cases.
But that is essentially what happens in "reverse payment" settlements.
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