Judge Urges DOJ, AmEx To Pursue Antitrust Settlement

Law360, New York (October 9, 2014, 6:44 PM EDT) -- The judge overseeing the government's antitrust trial challenging American Express Co.'s anti-steering rules indicated during closing arguments Thursday that he would welcome a settlement in the case and was hesitant to intervene in the credit card company's operations.

Though Craig W. Conrath, the U.S. Department of Justice's lead trial attorney on the case, told U.S. District Judge Nicholas G. Garaufis that there were no settlement talks happening, Judge Garaufis urged both sides to pursue negotiations if there was any chance of a deal while he was working to reach a decision in the case.

After a six-week trial over the DOJ's...

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