The US District Court for the Eastern District of New York finds anti-steering rules to be anti-competitive (American Express)

Judge finds anti-steering rules to be anti-competitive* Last Thursday, a federal district court judge found that American Express Co.’s anti-steering rules violated U.S. antitrust laws by barring merchants from encouraging customers to use other credit cards. The ruling not only handed a victory to the U.S. Department of Justice (DOJ) and the 17 state attorneys general bringing the suit, but may also, coupled with the DOJ’s earlier settlements with Visa Inc. and MasterCard Inc., have a major impact on the relationship between U.S. merchants and credit card companies in the future. Each time a

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  • Porter Wright Morris & Arthur (Columbus)

Quotation

Darcy C. Jalandoni, The US District Court for the Eastern District of New York finds anti-steering rules to be anti-competitive (American Express), 19 February 2015, e-Competitions February 2015, Art. N° 72017

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