WASHINGTON — The Department of Justice said last week that Visa and MasterCard have agreed to a proposed settlement of a civil antitrust action against them that would allow merchants to begin steering customers toward lower-cost methods of payment, marking a major victory for retail groups. American Express, however, the third card issuer named in the antitrust suit, did not agree to the settlement, so retailers remain bound by their agreement with that company not to favor one type of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.