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AmEx CEO Gets Second Jolt in Week.

Authors :
SIDEL, ROBIN
Source :
Wall Street Journal - Eastern Edition. 2/20/2015, Vol. 265 Issue 41, pC1-C2. 2p. 1 Color Photograph, 1 Graph.
Publication Year :
2015

Abstract

The article reports that U.S. District Judge Nicholas Garaufisa ruled in favor of the U.S. Justice Department in its antitrust suit alleging financial company American Express Co. (Amex) engaged in anticompetitive behavior by refusing to let merchants that honor its credit cards promote cards from other issuers including Visa Inc. and MasterCard Inc. Additional information is presented about the history of Justice's case against Amex, and the potential impact of the ruling on its business.

Subjects

Subjects :
*ANTITRUST lawsuits
*CREDIT cards

Details

Language :
English
ISSN :
00999660
Volume :
265
Issue :
41
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
101060583