Prepaid Card Seller's Antitrust Claims Against Rival Nixed

Law360, New York (July 26, 2012, 2:28 PM EDT) -- Prepaid credit card seller nFinanSe Inc. failed Tuesday to stick competitor Interactive Communications International Inc. with claims that its allegedly restrictive industry sellers network ran against antitrust law, after a Georgia federal judge found InComm's conduct wasn't solely meant to restrain trade.

U.S. District Judge Amy Totenberg partly granted InComm's motion to dismiss nFinanSe's suit accusing the prepaid card seller and distributor of price-fixing, saying that InComm's establishment of a general purpose reloadable, or GPR,card sellers' network in which the company dictated pricing for its members...
To view the full article, register now.