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The case Ohio v. American Express was heard by the U.S. Supreme Court at the end of last month. While it may look like a complex case about credit card markets, the court’s decision could have sweeping implications for wider innovation in the United States. The case hinges on whether American Express’s anti-steering policy, which prevents merchants who accept their cards from encouraging customers to use competitor’s (like Discover) cards instead, violates existing competition law.
Yale and the Puritanism of ‘Social Justice’
Ditching class to protest won’t count against you—at least if the university approves of the cause.