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Amex has won an eight-year antitrust lawsuit over interchange fees. The Supreme Court ruling at the end of June found that the card company’s ‘anti-steering’ rules did not violate federal antitrust law. The rules prevent merchants from encouraging customers to use cards with lower interchange fees, such as Visa or Mastercard. Amex has historically charged [...]
The post SUPREME COURT BACKS AMEX IN MAJORITY RULING appeared first on Payments Cards & Mobile.
