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American Express Co. on Monday sued Visa and MasterCard as well as eight banks for damages stemming from anti-competitive practices that prevented American Express from issuing cards through U.S. banks. David Boies, the lead attorney on the case, declined to say how the eight banks were chosen, saying only that they "participated most directly in the conduct that is at issue in the complaint" or had been "the greatest beneficiaries" of the anti-competitive conduct.
November 16, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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