AmEx Defends Antitrust Win to Supreme Court

By Liz Crampton and Eleanor Tyler, Bloomberg BNA

American Express Co. told the U.S. Supreme Court that a federal appeals court correctly rejected antitrust allegations levied against it by the Justice Department and several state attorneys general and encouraged the high court not to take the case.

In a brief filed late Aug. 21, American Express said that the U.S. Court of Appeals for the Second Circuit was right to dismiss the government’s case against AmEx rules that bar merchants from steering customers to cheaper credit cards. American Express added that the law governing multi-sided markets like its credit card ...