Top Court Upholds Visa, MasterCard Ruling
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WASHINGTON/NEW YORK  - The Supreme Court on Monday  let stand a ruling that the Visa and MasterCard credit card  associations violated U.S. antitrust law by barring member  banks from issuing credit and charge cards on rival networks  owned by American Express Co. and Morgan Stanley.
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MasterCard International Inc. and Visa USA Inc. no longer can block banks from issuing credit cards from competitors after the Supreme Court declined to hear their appeal yesterday.
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NEW YORK - Travel- and financial-services giant American Express Co. on Monday sued Visa and MasterCard 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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The Dutch Supreme Court overturned a ruling that had blocked ABN Amro from selling its United States subsidiary, LaSalle Bank in Chicago, to Bank of America.
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Israel's High Court said on Thursday it was upholding a decision by the country's attorney-general to drop a bribery case against Prime Minister Ariel Sharon.
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SAN FRANCISCO (AFX) -- American Express said Monday that in light of the Supreme Court&#39;s decision against Visa and MasterCard, it will seek partnerships with US banks.
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MasterCard and Visa no longer can block banks from issuing credit cards from competitors after the Supreme Court declined to hear their appeal Monday.
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Travel and financial services giant American Express Co. on Monday sued Visa and MasterCard as well as eight banks for damages stemming from anticompetitive practices that prevented American Express from issuing cards through U.S. banks.
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Mastercard's sponsorship of the football World Cup is brought into question after a US court ruling.
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Fresh from a victory over its rivals in the Supreme Court, American Express now wants Visa and MasterCard to show it the money. American Express hired hot-shot lawyer David Boies, who headed
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Israel's High Court said on Thursday  it was upholding a decision by the country's attorney-general  to drop a bribery case against Prime Minister Ariel Sharon.
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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 Supreme Court today sidestepped a dispute over same-sex marriages, rejecting a challenge to the nation&#39;s only law sanctioning such unions.
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An appeals court on Friday ordered a lower court to revisit a ruling that gave MasterCard Inc.  a coveted sponsorship deal for World Cup soccer tournaments.
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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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American Express Co. has filed suit against Visa, MasterCard and eight major banks alleging anti-competitive practices. Banks named in the suit include Bank of America, US Bancorp, JP Morgan Chase, Capital
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Maryland's highest court has  rejected a challenge to the state's electronic voting system  and upheld a ruling that touchscreen-style voting machines  provide a reasonable level of ballot security.