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Amex sued the government about this though. Not sure the outcome but it is more complicated than “government banned banning credit card fees”
by HDThoreaun 3y ago
Amex sued the government about this though. Not sure the outcome but it is more complicated than “government banned banning credit card fees”
- lotsofpulp 3y agoNo, they did not. It was about merchant agreements prohibiting different surcharges for different PCNs, i.e. charging more for AmEx than for Visa. https://en.wikipedia.org/wiki/Ohio_v._American_Express_Co https://en.wikipedia.org/wiki/Ohio_v._American_Express_Co. The FTC site is pretty clear, and they are the regulator.