October 4, 2010
The Department of Justice announced today that it filed a civil antitrust lawsuit in U.S. District Court for the Eastern District of New York challenging rules that American Express, MasterCard and Visa have in place that prevent merchants from offering consumers discounts, rewards and information about card costs, ultimately resulting in consumers paying more for their purchases.
Speech: Attorney General Holder Speaks at the Visa, Mastercard, American Express Press Conference
Website: Justice.gov/atr