American Express in U.S. probe
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Times Wire Services
American Express Co. said the U.S. Justice Department had asked for documents related to policies that deter merchants from discriminating against its card.
The company received the request from the Justice Department’s antitrust division on Oct. 10, New York-based American Express said in a regulatory filing.
The company “intends to cooperate” with a civil probe involving merchant surcharges, and the query doesn’t mean laws were broken, American Express said.
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