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Visa Settles $2.25B AmEx Suit

Antitrust settlement could be largest ever

By Jim O'Neill,  Newser User

Posted Nov 8, 2007 8:28 AM CST

(Newser) – In what could be the largest settlement ever to resolve an antitrust lawsuit, Visa has agreed to pay American Express up to $2.25 billion for blocking member banks from offering rival credit cards, the AP reports. The deal helps clear the way for Visa’...   Read full story »

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