Article

Mentioned Companies:

Amex Receives Court Reprieve

Oral arguments from American Express and the U.S. Department of Justice (DOJ) were held December 17, 2015, in the Court of Appeals for the Second Circuit regarding Amex’s request to overturn a ruling by the U.S. District Court in February. The U.S. District Court for the Eastern District had imposed a permanent injunction effective July 20, 2015, on enforcement of Section 3.2 of the American Express card acceptance agreement that, among other things, prohibited merchants from asking consumers to pay with an alternative brand of payment card. The lower court made its ruling in litigatio...

Want to read more?

Please log into your subscriber account.
OR

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report