Priceline Challenges $336M Currency Fee Deal

Law360, New York (December 9, 2010, 7:28 PM EST) -- A lawyer for Priceline.com Inc. on Thursday argued before a federal appeals court that the travel site was unfairly barred from participating in a $336 million settlement in an antitrust case accusing the nation's largest credit card companies of colluding to levy fixed currency conversion fees.

The company's lawyer Joseph L. Clasen of Robinson & Cole LLP argued before a panel in the U.S. Court of Appeals for the Second Circuit that the company had not passed the alleged fees on to its consumers, unlike a...
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