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DOJ won't appeal loss in case over American Express merchant rules

By Richard Vanderford ( June 2, 2017, 21:33 GMT | Insight) -- ​The US Justice Department won't ask the US Supreme Court to reverse a decision upholding what it called anticompetitive rules that American Express imposes on merchants, it said. The DOJ had won a trial decision against so-called antisteering rules, which barred merchants from pushing consumers to use other, often cheaper-to-process payment methods, but saw that win reversed on appeal.The US Justice Department won't ask the US Supreme Court to reverse a decision upholding what it called anticompetitive rules that American Express imposes on merchants, it said Friday....

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