Monday, October 04, 2010

U.S. Files Antitrust Suit Against AmEx

The Wall Street Journal reports:
The U.S. Justice Department on Monday filed a civil antitrust complaint against American Express Co., saying that the rules it imposes on merchants that take its cards are anticompetitive.
Think about it, a card that many don't carry is being charged with anticompetitiveness! Anti-trust law is a joke.