Legislation 360 (August 11, 2020, 9:44 PM EDT) — A set of antitrust law academics are financing retailers in the Second Circuit who are wanting to rekindle claims that American Express’ anti-steering principles have improved the costs they incur if accepting additional charge cards.Monday’s amicus brief from the professors comes as a set of merchants which don’t accept AmEx cards appeals a mid-January choice from U.S. District Judge Nicholas G. Garaufis that disregarded their claims over principles which prevent AmEx retailers from forcing clients to more affordable payment methods.The professors stated in their brief on Monday the case prices with so-called umbrella status, in which an antitrust violator…
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