Judge Rules in Favor of DOJ in American Express Case

Daniels Tredennick Financial, Accounting & Auditing 0 Comments

Many news outlets including The New York Times, Bloomberg, and USA Today are reporting that after a seven-week trial U.S. Federal District Judge Garaufis ruled in favor of the DOJ in its claim that American Express violated U.S. anti-trust laws.  In the 150-page opinion, Garaufis wrote how American Express successfully pressured merchants into using its credit card despite being more expensive than …