Posted On: August 2, 2008
American Express sues Mastercard
American Express settled its lawsuit against Visa for $1.8 billion. AE accused Visa conspiring to stifle banks from issuing AE credit cards.
Mastercard has agreed to make 12 quarterly payments of $150 million each at AE.
Here is AE's chance to savor this moment and say "Priceless."
