Antitrust Suits Over Amex Rules Placed Into MDL

Law360, New York (February 8, 2011, 7:20 PM EST) -- Four actions alleging American Express Co. placed restrictions on merchants that chilled competition in the credit card industry have been consolidated in a multidistrict litigation in the U.S. District Court for the Eastern District of New York.

The Judicial Panel on Multidistrict Litigation issued the consolidation order on Monday, more than a year after it rejected a previous request to consolidate two of the actions. Two additional class actions were filed after the request was made to the JPML, and several more lawsuits could be forthcoming,...
To view the full article, register now.