Next month, the U.S. Supreme Court will hear what legal experts describe as one of the most important antitrust cases in years. The focus of this particular dispute is on credit card fees, but it may be more notable for the impact it could have on the economy of the internet.
The case—Ohio v. American Express—has no direct connection to tech giants like Google, Facebook Inc. or Amazon.com Inc. But Silicon Valley could be a major beneficiary if the Supreme Court upholds a lower court’s decision. This prospect is causing alarm in certain circles.