Today, the United States Supreme Court issued an opinion in American Express v. Italian Colors Restaurant, No. 12-133 (June 20, 2013). In a 5-3 decision authored by Justice Scalia, the high court held that a group of merchants who entered into a standard arbitration agreement that prevents them from filing a class-action lawsuit against American Express may not band together to make antitrust claims against the company over credit card fees. Instead, the court stated any merchant disputes with the company must be arbitrated in accordance with the parties’ agreement. Justice Sotomayor did not participate in the decision.
Please stay tuned to Disputing for an in-depth discussion of this case!