U.S. Department of Justice vs. Amex

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U.S. Department of Justice vs. Amex

American Express has been fighting the United States Department of Justice (DOJ) in U.S. District Court for the Eastern District of New York since October 2010 when the DOJ and 17 U.S. states charged Visa, MasterCard, and Amex with violating antitrust law because their merchant acceptance agreements precluded offering consumers incentives for, or steering consumers to, alternative cards or payment methods, except as required by the Durbin Amendment. Visa and MasterCard immediately settled and dropped their prohibitions. American Express opted for a trial, which began July 7, 2014. On Februa...

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Nilson Report

1058

March 2015

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Charts in this Issue

Credit Card Outstandings for Top Issuers of U.S. General Purpose Cards

Shares of Purchase Volume for U.S. Credit Card Issuers

U.S. Credit Card Issuers – Highest Purchase Volume

U.S. Credit Card Issuers – Highest Outstandings

U.S. Credit Card Issuers – Most Visa Credit Cards

U.S. Credit Card Issuers – Most MasterCard Credit Cards

U.S. Credit Card Issuers – Most Credit Cards

U.S. Credit Card Issuers – Highest Total Volume

U.S. Credit Card Issuers – Highest Purchase Transactions

50 Largest Visa & MasterCard Credit Card Issuers in the U.S. – Ranked by Outstandings