2nd Circ. Ruling Offers Key Antitrust Takeaways On Standing

By Justin Anderson, William Michael and Jane O'Brien (December 21, 2021, 4:36 PM EST) -- Holding that a putative class of merchants that did not accept American Express payment cards could not maintain antitrust claims against AmEx for damages allegedly arising out of acceptance of non-AmEx payment cards, the U.S. Court of Appeals for the Second Circuit on Nov. 22 affirmed a district court's order of dismissal in In re: American Express Anti-Steering Rules Antitrust Litigation....

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