The United States Department of Justice Department of Justice Seal The United States Department of Justice
Search The Site
Photo Library

Antitrust Division Press Conference

October 4, 2010

The Department of Justice announced today that it filed a civil antitrust lawsuit in U.S. District Court for the Eastern District of New York challenging rules that American Express, MasterCard and Visa have in place that prevent merchants from offering consumers discounts, rewards and information about card costs, ultimately resulting in consumers paying more for their purchases.

Press Release: Justice Department Sues American Express, Mastercard and Visa to Eliminate Rules Restricting Price Competition; Reaches Settlement with Visa and Mastercard

Speech: Attorney General Holder Speaks at the Visa, Mastercard, American Express Press Conference