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AmEx Steers Clear Of Top Rates, Exec Testifies

By Melissa Lipman (July 21, 2014, 8:45 PM EDT) -- American Express Co.'s head of merchant pricing testified at the government's antitrust trial against the credit card company on Monday in New York federal court that even though AmEx estimates how high it could raise rates before retailers stop accepting its cards, they would never go that high....

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