Major credit card firms end dispute
China Daily | Updated: 2008-06-26 07:57
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Kenneth Chenault, chairman and chief executive officer of American Express Co, speaks at the Raffles International Leadership Lecture in Singapore. Bloomberg News |
MasterCard Inc, the world's second-biggest credit-card network, agreed to pay as much as $1.8 billion to settle a complaint that it blocked banks from issuing American Express Co cards.
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