Archive for June 25th, 2008
American Express Settles Antitrust Claims Against Mastercard For $1.8 Billion
Agreement Would Bring Total Payments From MasterCard And Visa To $4 Billion
Settlement To Help Lessen Impact of Weakening Economy
NEW YORK, June 25, 2008 — American Express announced today that it has reached an agreement with MasterCard Inc. to drop a lawsuit alleging that MasterCard had illegally blocked American Express from the bank-issued card business [...]
