MasterCard Likely To Strike Deal In AmEx Case

Law360 (November 9, 2007, 12:00 AM EST) -- A settlement may be imminent for MasterCard Inc., the sole remaining defendant accused of shutting American Express out of the U.S. bank-issued credit card market, following Visa USA Inc.’s hefty agreement for $2.25 billion to resolve the same claims.

Antitrust lawyers said Visa’s settlement, which was announced Thursday, was likely to create a domino effect that would compel MasterCard to agree to a settlement before the antitrust case in the U.S. District Court for the Southern District of New York goes before a jury.

“I think...
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