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Visa to Pay AmEx $2.1 Billion to Settle Antitrust Case

NOV 7, 2007 9:41pm ET

NEW YORK – Visa Inc., which is preparing to go public in an initial offering, yesterday announced it has agreed to pay American Express $2.25 billion to settle charges that Visa, MasterCard and their issuing banks and credit unions illegally blocked American Express from the bank-issued card business in the...

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