· 3/11/1915
Denney v. Abbott
Citations
- 163 Ky. 499
- 173 S.W. 1159
- 1915 Ky. LEXIS 258
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that removal of Amex’s NDPs would “result in lower swipe fees charged to merchants”
- finding that “American Express’s merchant restraints have allowed all four networks to raise their swipe fees more easily and more profitably than would have been possible were merchants permitted to influence their customers’ payment decisions”
- declining to use benefits to cardholders “to offset the price paid by those .companies for network services in their capacity as Amex-accept-ing merchants” (emphasis added)
- “[T]he merchant discount fee is primarily comprised of three elements: a percentage interchange fee, an acquirer fee, and a network fee.”
- “As non-price vertical restraints between firms at different levels of production—namely, between the network and its merchant-consumers—American Express’s NDPs are properly analyzed under the rule of reason.”
- “[T]he merchant discount fee is primarily comprised of three elements: a percentage interchange fee, an acquirer fee, and a network fee.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Clay
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.