American Express sues Mastercard

American Express settled its lawsuit against Visa for $1.8 billion. AE accused Visa conspiring to stifle banks from issuing AE credit cards.
Mastercard has agreed to make 12 quarterly payments of $150 million each at AE.
Here is AE’s chance to savor this moment and say “Priceless.”

This entry was posted on Saturday, August 2nd, 2008 and is filed under Collection Law Firms in the News . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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