American Express Sues Rivals
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American Express said it was suing Visa USA and MasterCard International, along with eight banks, for damages stemming from anticompetitive practices that prevented American Express from issuing cards through US banks.
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The Supreme Court on Monday let  stand a ruling that the Visa and MasterCard credit card  associations violated federal antitrust law by barring their  member banks from issuing credit and charge cards on the rival  American Express and Discover Card networks.
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AMERICA Online has filed a lawsuit accusing numerous unnamed defendants of violating US federal and state laws by sending bulk messages known as &quot;spim&quot; to instant message accounts and internet chat rooms.
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NEW YORK : The US Supreme Court upheld a ruling that the Visa and MasterCard credit card groups had engaged in anti-competitive practices by banning member banks from issuing credit cards through rival providers owned by American Express and Morgan Stanley
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American Express said Monday that it had filed suit against Visa International and MasterCard International for imposing rules, later overturned by the courts, that barred tens of thousands of banks from issuing its credit card.
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Now the credit-card companies are trying to tack on billions in charges to each other. American Express Co. wants rivals Visa USA Inc.
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American Express is suing Visa and MasterCard plus eight US banks, claiming anti-competitive tactics kept it out of the market. The litigation is the latest setback for Visa and MasterCard, which last month
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American Express (AXP:NYSE - news - research) wants rival MasterCard, Visa and eight big banks to pay damages for years of allegedly uncompetitive practices in the charge card business.
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New York Attorney General Eliot  Spitzer is launching a suit against several prominent  participants in the insurance industry, including AIG and  broker Marsh & McLennan Cos. MMC.N, charging they engaged in  market manipulation, Spitzer's office said.
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Visa, MasterCard and eight banks have been sued by American Express for âanti-competitive practicesâ that led to damages as around 20,000 US banks were not able to use AE credit card products.
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A lawsuit filed against Apple alleges the company unfairly uses restrictions with its iPod line and iTunes Music Store to beat out competitors.
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NEW YORK - A woman who was sued by American Express over an alleged scam where she posed as a Saudi princess to steal thousands has countersued the company, saying she was mentally incompetent when she opened her account and the company should have known it.
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A San Diego insurance brokerage has been sued by New York Attorney General Elliot Spitzer for allegedly soliciting payoffs in exchange for steering business to preferred insurance companies.
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Customers of several popular online retailers, including Fandango.com, Priceline.com , and Staples.com, were victims of an alleged Internet scheme in which their credit cards were charged a monthly fee for a ``discount club" membership they had never requested, according to a class action lawsuit filed yesterday in US District Court in Massachusetts.
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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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Will that be cash or charge? That&#39;s the question American Express (nyse: AXP - news - people ) will be asking Visa and MasterCard as it prepares to file a suit against the two largest card associations in
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American Express on Monday filed a suit against credit card associations Visa and MasterCard and eight major banks for what it called illegal and anti-competitive practices.