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Visa, Mastercard ruling expected to be upheld.

Publication: Business Travel News
Publication Date: 04-OCT-04
Format: Online - approximately 168 words
Delivery: Immediate Online Access

Article Excerpt
An antitrust ruling against Visa U.S.A. and MasterCard International this month is expected to be upheld, giving American Express authority to partner with U.S.-based banks to issue its cards. The U.S. Department of Justice in 2001 mandated Visa and MasterCard drop exclusionary bylaws that forbade issuing hanks to issue...

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