DOJ Grilled Over 'Extraordinary' AmEx Antitrust Case
By Melissa Lipman (December 17, 2015, 9:08 PM EST) -- The U.S. Department of Justice faced intense skepticism during oral arguments at the Second Circuit Thursday over its trial victory against American Express in an antitrust challenge to the credit card company's anti-steering merchant rules.
A three-judge panel questioned DOJ attorney Nickolai Levin repeatedly about whether the district court made a mistake both when it decided American Express Co. had market power with a little more than 26 percent of charge volumes and in the way it analyzed the two sides of the credit card market.
In particular, the question of whether U.S. District Judge Nicholas G. Garaufis considered the benefits...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!