AmEx Loses Arbitration Bid Due To 'Ironic' Unpaid $17M Bill
By Dorothy Atkins ( December 3, 2024, 6:56 PM EST) -- A Rhode Island federal judge on Monday rejected sending a proposed antitrust class action over American Express Co.'s swipe-fee rules back to arbitration after the company refused to pay arbitration fees totaling $17 million, observing that AmEx's actions created its own "ironic dilemma: a credit card company not paying its bills."...
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