Question
Lindenwood Guardians, a consumer advocate group, has raised concerns about the ATM fees charged by the banks in St. Louis. Lindenwood has produced a report
Lindenwood Guardians, a consumer advocate group, has raised concerns about the ATM fees charged by the banks in St. Louis. Lindenwood has produced a report showing that the banks in St. Louis have the same ATM fees. Moreover, the report alleges that the ATM fees charges by all of the St. Louis banks appear to increase and decrease in the same amount within a day of any increase or decrease by any individual bank. Lindenwood seeks your advice about bringing a civil anti-trust claim against the St. Louis banks for price fixing in violation of Section 1 of the Sherman Anti-trust Act.
What is your advice?
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