Comdata, Truck Stops To Pay $130M To Exit Antitrust Suit

Law360, Los Angeles (January 21, 2014, 7:37 PM EST) -- Comdata Corp. and a group of national truck stop chains will pay $130 million to settle a putative class action brought by independently owned truck stops alleging the chains conspired with Comdata to drive out smaller competition, the plaintiffs and Comdata announced Tuesday.

Comdata will pay $100 million of the total settlement and will agree to change some of its allegedly anticompetitive practices, according to the announcements. Final agreements have yet to be submitted in the case, but the parties have pledged to negotiate a final...
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