High Court To Hear AmEx Antitrust Arbitration Row

Law360, New York (November 9, 2012, 8:31 PM EST) -- The U.S. Supreme Court on Friday agreed to hear an appeal by American Express Co. to consider if the Federal Arbitration Act allows the credit card giant to impose an arbitration agreement that requires merchants to waive class action rights to make antitrust claims.

The high court granted AmEx’s July petition for certiorari, after the Second Circuit had refused to review its February ruling that the arbitration agreement — which forced merchants to give up their rights to make claims as a class — made it...
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