According to a post at PYMNTS.com, citing Bloomberg Law, commercial and retail point-of-sale vendor Gas Pos has filed a lawsuit against fleet card provider FLEETCOR over anti-competitive behavior related exclusive dealer arrangements and other restrictions. The post specifically cites subsidiary Comdata Network as both refusing to accept non-FLEETCOR cards and additionally refusing to license competing payment systems to process Comdata cards.
Gas Pos is declining to comment of the specifics of the suit, but provided FMN with the following statement: While we are not going to comment on the specifics of the pending litigation, Gas Pos, Inc. remains committed to providing our customers with the best products, the best value, and the highest level of customer service in the marketplace. Sometimes, in order to do great things, you have to take a stand for what you believe in. The commercial and retail petroleum markets, like all others, are better when healthy competition is allowed at every level through fair business practices. The current leaders in the industry must be held accountable at times to ensure competitive markets and fair pricing. This benefits not only businesses in the point of sale markets, but also the gas stations, truck stops, fleets, and ultimately consumers and the American people benefit from competition and fair pricing in this incredibly important market.
FMN is currently reaching out to FLEETCOR for a comment and will post one if provided. So far, the company has failed to respond to other media requests.
