A US Court of Appeals affirms a grant of summary judgment for defendants in an antitrust suit involving alleged price-fixing of ATM fees (ATM Fee Antitrust Litigation)

Brick By Illinois Brick: Ninth Circuit Builds High Wall For Indirect Purchaser Suits* The Ninth Circuit unanimously affirmed a grant of summary judgment for defendants in an antitrust suit involving alleged price-fixing of ATM fees, holding that the plaintiffs were indirect purchasers within the meaning of Illinois Brick Co. v. Illinois, 431 U.S. 720 (1977) and could not satisfy an exception to the “Illinois Brick wall,” which deprives indirect purchasers of standing to bring federal antitrust claims. In re ATM Fee Antitrust Litigation, No. 10-17354 (9th Cir. July 12, 2012). When an ATM cardholder withdraws money from another bank’s ATM (a “foreign” ATM), several fees are generated. One is a “foreign ATM fee,” which the cardholder must pay to the bank that issued her ATM card. Another is

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Authors

  • Sheppard Mullin (San Francisco)
  • Sheppard Mullin (San Francisco)

Quotation

Dylan I. Ballard, Nadezhda Nikonova, A US Court of Appeals affirms a grant of summary judgment for defendants in an antitrust suit involving alleged price-fixing of ATM fees (ATM Fee Antitrust Litigation), 12 July 2012, e-Competitions Bulletin July 2012, Art. N° 66444

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