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American Express Company Message Board

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  • tristrem tristrem Oct 6, 2010 1:15 PM Flag

    The legal danger for AXP

    Except there's no coercion and no price fixing by either party.

    It's a simple contract: if the merchant wants to accept American Express transactions, the merchant must consent to a condition in contract. American Express is not a monopoly, and the merchant is free to accept or decline the contractual condition.

 
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91.93-1.22(-1.31%)Jul 25 4:03 PMEDT

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