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The Federal Trade Commission demanded information from eight companies, including the card network, to better understand how consumer data is being used in the pricing of products and services
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Gen Z and millennials are driving spending, sometimes as premium customers, to the benefit of the credit card company
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Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company's update snafu
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The card giant expects to expand the network beyond its pilot markets, Los Angeles and Chicago
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Consumer advocates say the merger will stifle competition and give the combined company an easy avenue to raise fees on card payments
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