State Bar of California Publishes Simpson Thacher Antitrust Article
12.12.17
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Litigation Partner Buzz Frahn and Litigation Associates Elizabeth White and Michael Morey co-wrote an article published on the California State Bar’s website titled “U.S. Supreme Court Grants Certiorari Review of Second Circuit's American Express Opinion on Market Definition in Credit Card Industry.” The article discusses the petition for a writ of certiorari submitted by several states in response to the Second Circuit’s September 2016 decision in United States v. American Express Co. The High Court granted review in the case, which has the potential to impact transaction fees that credit card companies charge merchants and the prices of everyday goods. The grant of cert may also provide the Supreme Court an opportunity to clarify its “rule of reason” jurisprudence applicable to alleged violations of Section 1 of the Sherman Act.
To read the full article, please click here.