Mealey's Antitrust/Unfair Competition - Federal Judge Denies Consolidation Of Credit Card Actions

Mealey's Antitrust/Unfair Competition - Federal Judge Denies Consolidation Of Credit Card Actions

BROOKLYN, N.Y. - A federal judge in New York on Feb. 11 denied a motion to consolidate cases brought by the United States and state attorneys general and several merchants challenging American Express Co. and American Express Travel Related Services Co. Inc.'s (collectively, American Express) "anti-steering" rules, which prevent U.S. merchants from providing consumers with incentives to use forms of payment that are less expensive to the merchant than American Express-branded payment cards (In re: American Express Anti-Steering Rules Antitrust Litigation, No. 11-2221, United States of America, et al. v. American Express Co., et al., No. 10-4496, E.D. N.Y.; 2014 U.S. Dist. LEXIS 17226).

Access this news story on lexis.com®