AmEx Expert Cites 'Gaping Hole' In DOJ Antitrust Theory

By Melissa Lipman (August 14, 2014, 5:58 PM EDT) -- An economist testifying for American Express Co. during an antitrust trial told the court Thursday that the government's theory that merchant credit card fees would go down if it successfully challenges AmEx's anti-steering rules "has a gaping hole in it."...

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