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DOJ Tells High Court 2nd Circ. Erred In AmEx Ruling

By Darcy Reddan (December 8, 2017, 4:45 PM EST) -- The U.S. Department of Justice told the U.S. Supreme Court on Thursday that it should vacate and remand the Second Circuit's ruling that the use of increased fees to fund rewards for cardholders justifies American Express' anti-steering provisions imposed on merchants, claiming the ruling overlooked the central concern of antitrust laws: the preservation of competitive prices. ...

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