Prepared for Prescott W. | Delivered April 24, 2020
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To provide antitrust insights surrounding FleetCor's mergers and acquisitions.
FleetCor and Antitrust
Antitrust is legislation in the U.S. that controls trusts and monopolies,
promoting fair competition in business.
Antitrust cases are legal actions that are brought against parties that are charged for
limiting free competition.
In 2019, FleeCor was accused of leveraging exclusive dealings and arrangements to
the fleet card markets and truck stock payment systems.
This is related to
since FleetCor was accused of trying to limit competition.
The suit was filed in an Alabama court by a
competing payment company.
FleetCor gained dominance of Comdata, its subsidiary through the
barring of its POS systems
from processing fleet cards belonging to competitors.
It also blocked the processing of Comdata's cards by
rival payment systems.
Summary of Early Findings
The initial research focused on identifying what antitrust is and one illustration of how FleetCor has been connected to antitrust due to its mergers and acquisitions.