WASHINGTON, March 21 (Reuters) - The CEOs of American
Airlines ( AAL ), United Airlines, Visa and Mastercard ( MA ) will
not testify at an April 9 hearing on credit card competition,
the chair of the Senate Judiciary Committee said Thursday.
Senator Dick Durbin in February invited the executives of
the firms that have fought his legislation seeking to reduce
fees charged by Visa and Mastercard ( MA ) on transactions. "They're
just too darned busy to come and explain the major source of
profits for their businesses," Durbin said.