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Credit Card Companies Lobby Congress to Roll Back Reforms

by | Feb 17, 2011 | Towing

Credit card companies are seeking to delay enforcement of lower limits on so-called “swipe fees.” If successful, the postponement will cost customers and retailers more than $1 billion a month.
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American Express Sued by Antitrust Division for Unfair Merchant Rules

by | Oct 4, 2010 | Towing

The Justice Department filed an antitrust lawsuit against American Express Monday, alleging that the financial institution has been engaging in anticompetitive practices. Justice also said it reached a proposed settlement with …

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