Ruling Could ‘Steer’ AmEx Toward Trouble: Oppenheimer

Earlier this year, a district court ruled that American Express (AXP) violated antitrust laws, and so, beginning this summer, merchants had the freedom to “steer” consumers to lower cost payment networks. Jenna Bascom for Barron’s Investor views on the ruling have been mixed, as Oppenheimer’s Ben Chittenden writes today: While bulls have brushed aside the […]