itig1) In American Express v. Italian Colors Restaurant, American Express (Amex) entered into agreements Colors Restaurant...
itig1) In American Express v. Italian Colors Restaurant, American Express (Amex) entered into agreements Colors Restaurant and other merchants that accept American Express credit cards. The agreement requ with Italian disputes be settled through arbitration and prohibited class actions. The merchants filed a class action antitrust claim against Amex, arguing that they should be allowed to bring the claim as a class because the cost of expert anak su prove the case exceeded the maximum r Court decidee the maximum recovery available to an individual merchant plaintiff. How did the U.S. Supreme A) The Court ruled in favor of Amex, holding that the Federal Arbitration Act (FAA) does not permit courts to n a contract based solely on the grounds that a plaintiffs dispute resolution costs exceed any po recovered. The Court concluded that the FAA reflects the overarching principle that arbitration that courts had a responsibility to rigorously enforce arbitration agreements tential amounts to be is a matter of contract and according to their terms. B) The Court ruled for the merchants because the waiver of class arbitration was ) The Court ruled for the merchants because not allowing the case would frustrate the purpose of having antitrust laws D) The Court ruled for Amex, holding that it did not violate antitrust laws.