It&#39;s second against Visa and MasterCard since antitrust ruling
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NEW YORK - American Express Co. yesterday sued Visa and MasterCard, as well as eight banks, and alleged that they blocked the sale of its credit cards through US banks.
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MasterCard  must change within six months the way it sets its fees for processing card transactions or face a daily fine, the European Union's top antitrust watchdog said on Wednesday.
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Europeâs second-highest court upheld today a 2004 antitrust ruling that found the software company had abused its dominance in operating systems.
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Travel- and financial-services giant American Express Co. sued Visa and MasterCard yesterday as well as eight banks for damages stemming from anti-competitive practices that prevented American Express from issuing cards through US banks.
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NEW YORK/WASHINGTON  - The U.S. Supreme Court on  Monday rejected appeals by Visa and MasterCard of a ruling that  the two credit card associations violated antitrust law by  barring banks from issuing credit cards for rival networks.
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InfoWorld - Taiwan Mobile Co. Ltd. and MasterCard International Inc. have already started testing a mobile phone payment system in Taiwan, but competition to lure users will catch fire when the mobile phone operator&#39;s larger rival opens its trials with Visa.
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com. Banks that issue Visa and MasterCard credit cards can now also offer customers American Express and Discover cards. OK, so the Earth didn&#39;t move.
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American Express is suing credit card giants Visa and Mastercard, accusing them of anti-competitive practices.
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The companies that accept payment card transactions will eventually have to play by new rules being laid down by Visa to bolster data security.
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A service fee that Visa places on its largest debit card issuers is unlawful and must be repealed, a judge has ruled.
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MasterCard Inc. will drop its legal  fight to get sponsorship rights for the next two World Cup  tournaments under a $90 million settlement with soccer&#39;s  governing body announced on Thursday.
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The US Supreme Court, as expected, let stand a ruling against Visa and MasterCard for anti-competitive practices on Monday, handing a victory to their arch-rival American Express.
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The European Union's second highest court dismisses the software giant's appeal against an anti-trust order
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American Express, which fought for the right to sign deals with banks that issue cards on the Visa and MasterCard networks, said that it won a contract with Citigroup.
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The European Union's executive arm will rule on Wednesday that MasterCard's  method of charging fees for international purchases violates EU antitrust rules, a source familiar with the situation said.
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A federal judge has ruled that Visa USA, the largest U.S. credit card group, must stop charging a special fee when a big debit card client jumps to rival MasterCard Inc. .
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Mastercard wins a US lawsuit against Fifa which wanted to end its World Cup sponsorship deal in favour of rival Visa.