Visa, MasterCard To Settle Government Antitrust Suit; AmEx Vows To Fight : NPR


According to Visa, “as part of the settlement, Visa will allow U.S. merchants to offer discounts or other incentives to steer customers to a particular form of payment including to a specific network brand or to any card product, such as a “non-reward” Visa credit card.

MasterCard says “the terms of the settlement are consistent with the Company’s long standing business practices and will require MasterCard only to modify its rules to more specifically conform to its business practices.”

READ ARTICLE Via Visa, MasterCard To Settle Government Antitrust Suit; AmEx Vows To Fight It : The Two-Way : NPR.

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