SCOTUS rules for American Express in class action case
WASHINGTON (Reuters) - The Supreme Court ruled on Thursday that an arbitration agreement prevents merchants from bringing class action claims against American Express Co .
The nine-member court ruled on a 5-3 vote, with liberal Justice Sonia Sotomayor recused, that American Express's arbitration agreement did not preclude merchants from effectively vindicating their rights.
The case stemmed from a 2003 class action lawsuit, filed by restaurants, retailers and other merchants, alleging American Express violated antitrust law by forcing them to accept its credit cards as a condition of accepting its charge cards.
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The opinion was written by Justice Antonin Scalia and joined by the other four conservatives on the court. Justice Elena Kagan wrote the dissent for the three liberals who heard the case.
http://news.yahoo.com/supreme-rule-american-express-class-action-case-141845564.html
