June 30, 2014
When the U.S. Department of Justice squares off Monday against American Express Co. for the start of a two-month antitrust trial, the government's case likely will live or die on whether it can prove that the credit card company has the necessary market power to make its anti-steering rules anti-competitive — even though AmEx accounts for just 26 percent of U.S. credit cards.
June 24, 2014
A New York federal judge on Tuesday denied attempts by the U.S. Department of Justice to exclude several pieces of evidence from an upcoming antitrust trial over American Express Co.'s merchant rules, saying that most of the government's issues with the evidence are best handled under cross-examination.
May 07, 2014
A New York federal judge on Wednesday refused to nix the U.S. Department of Justice's antitrust claims over American Express Co.'s merchant rules, refusing the credit card company's entreaty to go beyond Second Circuit precedent on vertical anti-competitive conduct.
April 23, 2014
The U.S. Department of Justice on Tuesday accused American Express Co. of trying to "prolong and complicate" an upcoming trial in the government's antitrust case over the company's merchant policies by pushing to delay all battles over evidence admissibility until trial.
February 12, 2014
The U.S. Department of Justice said Wednesday that it didn't need to prove that American Express Co. had market power to sustain its antitrust case over the company's merchant discount policies, urging a New York federal judge to deny AmEx's motion for summary judgment.
November 22, 2013
The U.S. Department of Justice on Thursday urged a New York federal judge not to consolidate its antitrust suit against the merchant discount policies of American Express Co. with a related batch of private class actions, arguing that the government case must take precedence because of its implications for the public interest.
June 14, 2011
The U.S. Department of Justice said in New York on Tuesday that, following public comments, it will soon seek entry of a final judgment agreed to by Visa Inc. and MasterCard Inc. to resolve antitrust claims over the companies' merchant discount fees.
April 08, 2011
The state of Hawaii on Thursday dropped out of a suit pending in a New York federal court that alleges American Express Co.'s merchant discount fee rules violate antitrust laws.
December 21, 2010
Eleven states on Tuesday joined the U.S. Department of Justice's antitrust suit against Visa Inc., MasterCard Inc. and American Express Co. challenging the credit card companies' merchant discount fees.