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NEW YORK — American Express violated antitrust laws by barring merchants from asking customers to use one credit card over another, a federal judge ruled Thursday. The case was a major blow to American Express, who argued that its policies kept it New York -- American Express has officially launched its Small Merchant EMV Assistance Program, which was announced last October by President Obama. The nationwide campaign was created to help U.S. small merchants fight fraud through a $10 million (Bloomberg) -- American Express Co. rules barring businesses from asking customers to use lower-cost credit cards violate U.S. antitrust law, a federal judge said in the first definitive court decision on practices that allow card firms to collect about $ A federal judge’s ruling against American Express is a potential win for both merchants and consumers. The judge ruled on Thursday that a longstanding practice by American Express aimed at keeping customers from using other forms of payment violates NEW YORK - Good news for Arizona merchants and consumers alike. A federal judge has found American Express guilty of violating the Sherman Anti-trust Act in a case that focused on "swipe fees". Arizona was one of 17 states and the U.S. Department of The federal court decided that part of American Express’ contract with merchants is known as a “nondiscrimination provision.” That means higher prices and less competition. The clause was created for retailers to treat all credit card providers .
American Express violated U.S. antitrust laws by barring merchants from asking customers to use one credit card over another, a federal judge ruled Thursday. The case was a major blow to American Express, which argued that its policies kept it competitive A U.S. judge ruled on Thursday that American Express Co.’s rules for merchants violate antitrust law, dealing a major setback to the card company that has been hit by a series of blows. The case, which was heard by a judge last year, stems from a 2010 A U.S. judge ruled on Thursday that American Express Co.'s rules for merchants violate antitrust law, dealing a major setback to the card company that has been hit by a series of blows. The case, which was heard by a judge in a trial that lasted seven Unfortunately, many small merchants are uncertain about how to best approach EMV for their businesses. Results released this week from a new American Express survey show that while 67 percent of small merchants said that fraud prevention is very .
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