NEW YORK (AP) — 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, who argued that its policies kept NEW YORK (AP) — American Express increased interest rates on some of its credit card accounts by an average of 2.5 percentage points in recent weeks, a spokeswoman for the company said Wednesday. Spokeswoman Elizabeth Crosta declined to say how many of NEW YORK (AP) — American Express is increasing the interest rate on some of its credit card accounts by an average of 2.5 percentage points. A spokeswoman for the company declined to say how many of its roughly 42 million cards would be affected. American Express Company (NYSE:AXP) ended Thursday’s trading session down 1.73% to trade at $78.4. The selling spree in the stock followed an announcement that the credit card company had been found guilty of violating US anti-trust laws. US District .
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